Form 8-K · Current Report · Filed 2026-05-06
Constellation Brands Announces Redemption of 2026 Notes and Issuance of New 2031 Notes
On May 6, 2026, Constellation Brands, Inc.
- Filer
- Constellation Brands, Inc. STZ · NYSE
- Filed
- Accession
- 0001193125-26-209180
- CIK
- 0000016918
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Details
announced the full redemption of its outstanding 3.700% Senior Notes due 2026, totaling $600.0 million in aggregate principal amount, to be effected on May 18, 2026. Simultaneously, the company issued $500.0 million aggregate principal amount of 4.850% Senior Notes due 2031. The redemption price for the 2026 notes will be calculated according to the formula in the supplemental indenture. The new 2031 notes were issued at a public offering price of 99.943% of the principal amount and will pay interest on May 6 and November 6 of each year, starting November 6, 2026.
Items reported
Reported Item
Market reaction
Close before filing
$149.80
Next session
+0.3%
Since filing
-13.1%
Latest close
$130.23
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from STZ reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, STZ insiders reported 2 Form 4 transactions — net selling of $631K.
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.
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