Constellation Brands said it entered into an underwriting agreement on April 29, 2025 with BofA Securities, BNP Paribas Securities Corp., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC. The offering covers $500.0 million of 4.800% Senior Notes due 2030.

1. 01

   Constellation Brands said it entered into an underwriting agreement on April 29, 2025 with BofA Securities, BNP Paribas Securities Corp., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC. The offering covers $500.0 million of 4.800% Senior Notes due 2030.

2. 02

   The company said the Senior Notes are being offered to the public at 99.824% of their principal amount. The underwriters' purchase of the notes is scheduled to close on May 1, 2025, subject to customary closing conditions.

3. 03

   Constellation Brands said it plans to use the net proceeds of the offering for general corporate purposes. These include repaying commercial paper and other indebtedness, working capital, funding capital expenditures and other business opportunities.

4. 04

   Constellation Brands filed a Prospectus dated November 10, 2022 and a Prospectus Supplement dated April 29, 2025 with the SEC, which form part of its Form S-3 registration statement. The legal opinion of McDermott Will & Emery LLP on the legality of the notes was filed as Exhibit 5.1.

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Original filing

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