Constellation brands prices offering of senior notes

Victor, n.y., may 02, 2022 (globe newswire) -- constellation brands, inc. (nyse: stz and stz.b), a leading beverage alcohol company, announced today that it priced the public offering (the “offering”) of $1.85 billion aggregate principal amount of senior notes, consisting of (i) $550.0 million of 3.60% senior notes due 2024 (the “2024 notes”) for a public offering price of 99.941% of the principal amount of the 2024 notes, (ii) $600.0 million of 4.35% senior notes due 2027 (the “2027 notes”) for a public offering price of 99.942% of the principal amount of the 2027 notes, and (iii) $700.0 million of 4.75% senior notes due 2032 (the “2032 notes”) for a public offering price of 99.638% of the principal amount of the 2032 notes (the 2024 notes, the 2027 notes, and the 2032 notes, collectively, the “notes”). the notes will be senior obligations that rank equally with all of constellation's other senior unsecured indebtedness.
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