Constellation Brands Prices Offering of Senior Notes
From GlobeNewswire:
Constellation Brands, Inc. has priced the public offering of $400.0 million aggregate principal amount of 4.800% Senior Notes due 2029. The closing of the offering is expected to occur on January 11, 2024. The company will use the net proceeds for general corporate purposes, including working capital, funding capital expenditures, repayment of indebtedness, and other business opportunities. The offering is being managed by BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC. All information regarding risk factors with respect to the company and the offering are included in the company’s filings with the SEC.
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