The company said it entered into Supplemental Indenture No. 34 on January 11, 2024 and, under the Indenture, issued $400.0 million in 4.800% Senior Notes due 2029. The public offering price was 99.889% of the principal amount.

1. 01

   The company said it entered into Supplemental Indenture No. 34 on January 11, 2024 and, under the Indenture, issued $400.0 million in 4.800% Senior Notes due 2029. The public offering price was 99.889% of the principal amount.

2. 02

   Constellation Brands said it will pay interest on the Notes on January 15 and July 15 each year, with the first payment due on July 15, 2024. The Notes mature on January 15, 2029.

3. 03

   The company said it may redeem the Notes in whole or in part at its option, with the detailed terms set out in the Supplemental Indenture. If an Event of Default is continuing, the Trustee or holders of not less than 25% of the outstanding principal amount may declare the Notes due and payable.

4. 04

   Constellation Brands said the Notes were registered under the Securities Act of 1933 through a Form S-3 registration statement (File No. 333-268289) filed with the SEC on November 10, 2022. The trustee is Manufacturers and Traders Trust Company.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.