Constellation Brands Announces Delivery of Notice of Redemption for 4.350% Senior Notes Due 2027
Constellation Brands (STZ) has delivered a notice for full redemption of all outstanding 4.350% Senior Notes due 2027 on September 18, 2026.
Rhea-AI Summary
Constellation Brands (STZ) has delivered a notice for full redemption of all outstanding 4.350% Senior Notes due 2027 on September 18, 2026.
As of September 8, 2026, these notes had an aggregate principal amount of $600.0 million and carried CUSIP number 21036P BK3. The cash redemption price will be determined using the formula specified in the supplemental indenture governing the notes. Detailed terms and conditions are described in the formal notice sent to noteholders by the trustee.
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ROCHESTER, N.Y., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading U.S.-based total beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding
The redemption price for the notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indenture relating to the notes.
This press release shall not constitute a notice of redemption of the notes. Information concerning the terms and conditions of the redemption of the notes is described in the notice distributed to holders of the notes by the trustee under the indenture and the applicable supplemental indenture governing the notes.
ABOUT CONSTELLATION BRANDS
Constellation Brands, a U.S.-based company, is an international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Constellation’s brand portfolio includes Modelo Especial, Corona Extra, Modelo Cheladas, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, Lingua Franca, Mi CAMPO Tequila, and High West Whiskey.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements which are not historical facts and relate to future plans, events, or performance, including statements regarding the redemption date and price, are forward-looking statements that are based upon management’s current expectations and are subject to risks and uncertainties. The forward-looking statements should not be construed in any manner as a guarantee that such events or results will in fact occur or will occur on the timetable contemplated hereby. All forward-looking statements speak only as of the date of this news release and Constellation undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Detailed information regarding risk factors with respect to the company and the offering are included in the company’s filings with the SEC, including the prospectus and prospectus supplement for the offering.
| MEDIA CONTACTS | INVESTOR RELATIONS CONTACTS |
| Maggie Bowman 213-500-2401 / maggie.bowman@cbrands.com Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com | Blair Veenema 585-284-4433 / blair.veenema@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com Emily Blanchard / emily.blanchard@cbrands.com |
A downloadable PDF copy of this news release can be found here:
http://ml.globenewswire.com/Resource/Download/195be18e-bfed-4296-bbbf-f7f5f6e73cd5
FAQ
Which Constellation Brands securities are being redeemed and in what amount?
The redemption applies to all outstanding 4.350% Senior Notes due 2027, identified by CUSIP 21036P BK3, with an aggregate principal amount of $600.0 million outstanding as of September 8, 2026.
When will the redemption of the 4.350% Senior Notes due 2027 take place?
The full redemption of the 4.350% Senior Notes due 2027 is scheduled to be effected on September 18, 2026.
How will the redemption price for the notes be calculated?
The redemption price, payable in cash, will be calculated using the formula set out in the supplemental indenture relating to the 4.350% Senior Notes due 2027.
Does this announcement serve as the official notice of redemption to noteholders?
No. The announcement states that it does not constitute a notice of redemption. Information on the terms and conditions of the redemption is contained in the formal notice distributed to holders by the trustee under the indenture and applicable supplemental indenture.