Constellation Brands Terminates Credit Agreement and Issues Senior Notes

Details

submitted notice to terminate its $500 million delayed draw term loan credit agreement with Bank of America, N.A., effective October 21, 2025. The Company did not have any borrowings outstanding and incurred no penalties. On October 17, 2025, the Company issued $500 million aggregate principal amount of 4.950% Senior Notes due 2035 through a supplemental indenture with Manufacturers and Traders Trust Company, as trustee. The Notes were issued at 99.716% of the principal amount and will mature on November 1, 2035, with interest payable on May 1 and November 1 each year starting May 1, 2026.

Items reported

About Constellation Brands, Inc.

Constellation Brands, Inc. is a leading international producer and marketer of beer, wine, and spirits. The company is renowned for its diverse portfolio, which includes premium labels such as Corona, Modelo, and Pacifico in its beer division, as well as high-end wines like Robert Mondavi and premium spirits. Headquartered in Victor, New York, Constellation Brands operates in various international markets, emphasizing strong growth in the beverage alcohol industry. This company primarily serves retailers, distributors, and domestic and global consumers, significantly influencing the beverage sector. Constellation Brands’ strategic acquisitions and investments in emerging market trends, such as the burgeoning premium wine segment and craft spirits movement, highlight its commitment to diversifying its offerings. Through innovation and strategic partnerships, Constellation Brands maintains a robust market position by capitalizing on consumer preferences and expanding its global footprint. This dynamic approach underscores its importance in shaping trends and meeting the evolving demands in the beverage alcohol industry, enhancing its substantial role in the broader financial market landscape.