{"success":true,"data":{"pressRelease":{"id":"19857","rtpr_id":"nGNE4FrV9x","ticker":"STZ","exchange":"NYSE","all_tickers":["STZ"],"title":"Constellation Brands Prices Offering of Senior Notes","author":"Globe Newswire","published_at":"2026-05-04T21:15:48.226Z","article_body":"ROCHESTER, N.Y., May 04, 2026 (GLOBE NEWSWIRE) -- Constellation Brands, Inc.\n(NYSE: STZ), a leading beverage alcohol company, announced today that it\npriced the public offering of $500.0 million aggregate principal amount of\n4.850% Senior Notes due 2031 (the \"notes\") for a public offering price of\n99.943% of the principal amount of the notes. The notes will be senior\nobligations that rank equally with all of Constellation’s other senior\nunsecured indebtedness.\n\nClosing of the offering is expected to occur on May 6, 2026, subject to the\nsatisfaction of customary closing conditions. Constellation intends to use the\nnet proceeds from the offering, together with commercial paper borrowings\nand/or cash on hand, to redeem prior to maturity all of our outstanding 3.700%\nSenior Notes due 2026 in the aggregate principal amount of $600 million and\nfor general corporate purposes.\n\nBofA Securities, Inc., Goldman Sachs & Co. LLC, PNC Capital Markets LLC, and\nTruist Securities, Inc. are acting as the joint book-running managers of the\noffering. The notes are being offered only by means of a prospectus, including\na prospectus supplement, copies of which may be obtained by contacting BofA\nSecurities, Inc. toll-free at (800) 294-1322 or emailing\ndg.prospectus_requests@bofa.com, contacting Goldman Sachs & Co. LLC collect at\n(212) 902-1000, contacting PNC Capital Markets LLC toll-free at (855)\n881-0697, or contacting Truist Securities, Inc. toll-free at (800) 685-4786.\nAlternatively, the prospectus and prospectus supplement may be obtained by\nvisiting EDGAR on the SEC website at https://www.sec.gov.\n\nThis announcement does not constitute an offer to sell or a solicitation of an\noffer to buy notes. The notes will not be offered or sold in any state or\njurisdiction in which such an offer, solicitation, or sale would be unlawful.\n\nABOUT CONSTELLATION BRANDS\nConstellation Brands is an international producer and marketer of beer, wine,\nand spirits with operations in the U.S., Mexico, New Zealand, and Italy.\nConstellation’s brand portfolio includes Modelo Especial, Corona Extra,\nModelo Cheladas, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi\nWinery, Kim Crawford, Schrader Cellars, Lingua Franca, Mi CAMPO Tequila, and\nHigh West Whiskey.\n\nFORWARD-LOOKING STATEMENTS\nThis news release contains forward-looking statements within the meaning of\nthe “safe harbor” provisions of the Private Securities Litigation Reform\nAct of 1995. Statements which are not historical facts and relate to future\nplans, events, or performance, including statements related to the settlement\ndate of the offering and the anticipated use of proceeds, are forward-looking\nstatements that are based upon management’s current expectations and are\nsubject to risks and uncertainties. The forward-looking statements should not\nbe construed in any manner as a guarantee that such events or results will in\nfact occur or will occur on the timetable contemplated hereby. All\nforward-looking statements speak only as of the date of this news release and\nConstellation undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise. Detailed information regarding risk factors with respect to the\ncompany and the offering are included in the company’s filings with the SEC,\nincluding the prospectus and prospectus supplement for the offering.\n\n MEDIA CONTACTS                                          INVESTOR RELATIONS CONTACTS                                                                                                                                                   \n Maggie Bowman 213-500-2401 / maggie.bowman@cbrands.com  Blair Veenema 585-284-4433 / blair.veenema@cbrands.com Snehal Shah 847-385-4940 / snehal.shah@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com  \n                                                                                                                                                                                                                                       \n\nA downloadable PDF copy of this news release can be found\nhere. http://ml.globenewswire.com/Resource/Download/f427d04f-91eb-4e0b-abe6-86ab455f9f67","article_body_html":"","raw_payload":{"data":{"id":"nGNE4FrV9x","title":"Constellation Brands Prices Offering of Senior Notes","author":"Globe Newswire","ticker":"STZ","created":"2026-05-04T21:15:48.226Z","tickers":["STZ"],"exchange":"NYSE","article_body":"ROCHESTER, N.Y., May 04, 2026 (GLOBE NEWSWIRE) -- Constellation Brands, Inc.\n(NYSE: STZ), a leading beverage alcohol company, announced today that it\npriced the public offering of $500.0 million aggregate principal amount of\n4.850% Senior Notes due 2031 (the \"notes\") for a public offering price of\n99.943% of the principal amount of the notes. The notes will be senior\nobligations that rank equally with all of Constellation’s other senior\nunsecured indebtedness.\n\nClosing of the offering is expected to occur on May 6, 2026, subject to the\nsatisfaction of customary closing conditions. Constellation intends to use the\nnet proceeds from the offering, together with commercial paper borrowings\nand/or cash on hand, to redeem prior to maturity all of our outstanding 3.700%\nSenior Notes due 2026 in the aggregate principal amount of $600 million and\nfor general corporate purposes.\n\nBofA Securities, Inc., Goldman Sachs & Co. LLC, PNC Capital Markets LLC, and\nTruist Securities, Inc. are acting as the joint book-running managers of the\noffering. The notes are being offered only by means of a prospectus, including\na prospectus supplement, copies of which may be obtained by contacting BofA\nSecurities, Inc. toll-free at (800) 294-1322 or emailing\ndg.prospectus_requests@bofa.com, contacting Goldman Sachs & Co. LLC collect at\n(212) 902-1000, contacting PNC Capital Markets LLC toll-free at (855)\n881-0697, or contacting Truist Securities, Inc. toll-free at (800) 685-4786.\nAlternatively, the prospectus and prospectus supplement may be obtained by\nvisiting EDGAR on the SEC website at https://www.sec.gov.\n\nThis announcement does not constitute an offer to sell or a solicitation of an\noffer to buy notes. The notes will not be offered or sold in any state or\njurisdiction in which such an offer, solicitation, or sale would be unlawful.\n\nABOUT CONSTELLATION BRANDS\nConstellation Brands is an international producer and marketer of beer, wine,\nand spirits with operations in the U.S., Mexico, New Zealand, and Italy.\nConstellation’s brand portfolio includes Modelo Especial, Corona Extra,\nModelo Cheladas, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi\nWinery, Kim Crawford, Schrader Cellars, Lingua Franca, Mi CAMPO Tequila, and\nHigh West Whiskey.\n\nFORWARD-LOOKING STATEMENTS\nThis news release contains forward-looking statements within the meaning of\nthe “safe harbor” provisions of the Private Securities Litigation Reform\nAct of 1995. Statements which are not historical facts and relate to future\nplans, events, or performance, including statements related to the settlement\ndate of the offering and the anticipated use of proceeds, are forward-looking\nstatements that are based upon management’s current expectations and are\nsubject to risks and uncertainties. The forward-looking statements should not\nbe construed in any manner as a guarantee that such events or results will in\nfact occur or will occur on the timetable contemplated hereby. All\nforward-looking statements speak only as of the date of this news release and\nConstellation undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise. Detailed information regarding risk factors with respect to the\ncompany and the offering are included in the company’s filings with the SEC,\nincluding the prospectus and prospectus supplement for the offering.\n\n MEDIA CONTACTS                                          INVESTOR RELATIONS CONTACTS                                                                                                                                                   \n Maggie Bowman 213-500-2401 / maggie.bowman@cbrands.com  Blair Veenema 585-284-4433 / blair.veenema@cbrands.com Snehal Shah 847-385-4940 / snehal.shah@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com  \n                                                                                                                                                                                                                                       \n\nA downloadable PDF copy of this news release can be found\nhere. http://ml.globenewswire.com/Resource/Download/f427d04f-91eb-4e0b-abe6-86ab455f9f67"},"type":"article","timestamp":"2026-05-04T21:15:48.307299929Z","server_sent_at_ms":1777929348307},"received_at":"2026-05-04T21:15:48.368Z","source_url":"https://www.globenewswire.com/news-release/2025/10/15/3167518/0/en/Constellation-Brands-Prices-Offering-of-Senior-Notes.html"},"analysis":{"id":"14552","press_release_id":"19857","analysis_json":{"industry":{"label":"Food, Beverage & Tobacco","sector":"Consumer Staples"},"redFlags":[],"eventType":"offering","narrative":"Constellation Brands priced a public offering of $500 million in 4.850% Senior Notes due 2031 at 99.943% of principal.\n\nProceeds will be used to redeem all $600 million of its outstanding 3.700% Senior Notes due 2026, alongside cash or commercial paper, in a debt refinancing maneuver.\n\nBofA Securities, Goldman Sachs, PNC Capital Markets, and Truist Securities are acting as joint book-running managers.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine refinancing activity; no change to operational outlook."},"keyFigures":{"offeringPrice":"99.943% of principal amount","customDimensions":{"coupon_rate":"4.850%","maturity_year":"2031","redeemed_amount":"$600 million","redeemed_coupon":"3.700%"}},"quotedText":"","namedEntities":{"people":[],"products":["Modelo Especial","Corona Extra","Modelo Cheladas","Pacifico","Victoria","The Prisoner Wine Company","Robert Mondavi Winery","Kim Crawford","Schrader Cellars","Lingua Franca","Mi CAMPO Tequila","High West Whiskey"],"companies":[{"name":"Constellation Brands, Inc.","ticker":"STZ"},{"name":"BofA Securities, Inc.","relationship":"underwriter"},{"name":"Goldman Sachs & Co. 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