STZ announces $500M 4.950% senior notes offering, 2035 maturity

Rhea-AI Filing Summary

Constellation Brands announced it has priced a public offering of $500.0 million aggregate principal amount of 4.950% Senior Notes due 2035. The company furnished a news release as Exhibit 99.1, which is incorporated by reference into the disclosure under Regulation FD. The information is furnished, not filed, under the Exchange Act, and may be referenced in future filings only if specifically incorporated.

Insights

Corporate debt analyst

Neutral financing move: $500M 4.950% notes due 2035.

Constellation Brands priced a public senior notes issuance of $500.0 million at a coupon of 4.950%, maturing in 2035. This is a straightforward capital markets transaction that adds fixed-rate, long-term debt.

Because the disclosure is furnished under Regulation FD with limited terms, it does not provide details on covenants, pricing relative to benchmarks, or intended uses. Without those, implications for interest expense and leverage are not assessable from this excerpt alone.

The attached Exhibit 99.1 contains the release; subsequent filings may provide additional terms such as settlement date or redemption provisions if the company chooses to include them.

0000016918false00000169182025-10-152025-10-15

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 15, 2025

CONSTELLATION BRANDS, INC.

(Exact name of registrant as specified in its charter)

Delaware			001-08495			16-0716709
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

50 East Broad Street, Rochester, NY 14614

(Address of principal executive offices)              (Zip Code)

Registrant’s telephone number, including area code   (585) 678-7100

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol(s)			Name of Each Exchange on Which Registered
Class A Common Stock			STZ			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company						☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.						☐

Item 7.01 Regulation FD Disclosure.

On October 15, 2025, Constellation Brands, Inc. (“Constellation”) issued a news release (the “release”) announcing that it has priced a public offering of $500.0 million aggregate principal amount of 4.950% Senior Notes due 2035. A copy of this release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The information in the release attached as Exhibit 99.1 is incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. This information is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, and is not otherwise subject to the liabilities of that section. Such information may be incorporated by reference in another filing under the Securities Exchange Act of 1934 or the Securities Act of 1933 only if and to the extent such subsequent filing specifically references the information incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.			Description
99.1			News Release of Constellation Brands, Inc. dated October 15, 2025.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 15, 2025			CONSTELLATION BRANDS, INC.
			By:			/s/ Garth Hankinson
						Garth Hankinson
						Executive Vice President and Chief Financial Officer

FAQ

What did Constellation Brands (STZ) announce?

Constellation Brands priced a public offering of $500.0 million aggregate principal amount of 4.950% Senior Notes due 2035.

What is the coupon and maturity of the new STZ notes?

The notes carry a 4.950% coupon and mature in 2035.

How was the information about STZ's debt offering provided?

Details were furnished via a news release attached as Exhibit 99.1 and incorporated by reference under Regulation FD.

Is the information considered filed or furnished?

It is furnished, not filed, under the Exchange Act and is not subject to Section 18 liabilities.

What SEC form did Constellation Brands use for this disclosure?

The company disclosed the pricing in an 8-K.

Which class of stock is listed for Constellation Brands (STZ)?

Constellation Brands’ Class A Common Stock trades on the New York Stock Exchange under ticker STZ.