STZ · 8-K · 20260908PR000034
Debt Redemption and Liquidity
CONSTELLATION BRANDS, INC. · 2026-09-08 · Importance 64 · Surprise 42 · No source text
Constellation Brands gave notice on September 8, 2026, to redeem in full its 4.350% Senior Notes due 2027 before maturity. The company had $600.0 million in aggregate principal outstanding as of September 8, and the redemption is scheduled to take effect on September 18, 2026. The notes will be redeemed for cash at a price calculated under the formula in the applicable supplemental indenture; the release does not specify the final redemption price.
Key facts
- Constellation Brands gave notice to redeem in full, before maturity, all outstanding 4.350% Senior Notes due 2027 (CUSIP 21036P BK3), with redemption to be effected September 18, 2026. source
- As of September 8, 2026, $600.0 million aggregate principal amount of the notes was outstanding. source
- The redemption price will be paid in cash and calculated under the formula in the notes' supplemental indenture. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | committed | — | Constellation Brands gave notice to redeem in full, before maturity, all outstanding 4.350% Senior Notes due 2027 (CUSIP 21036P BK3), with… |
| cash | negative | committed | — | Constellation Brands gave notice to redeem in full, before maturity, all outstanding 4.350% Senior Notes due 2027 (CUSIP 21036P BK3), with… |