Constellation Brands $2 billion 2%, 2,25% and 2.65% notes issues

7/11/2017
Investment grade bond/note issue

$ 2 billion

Completed

7/11/2017


Overview:

  • Constellation Brands has issued $2 billion in senior notes.
  • The issue consists of $600 million 2% notes due 2019, $700 million 2,25% notes due 2020 and $700 million 2.65% due 2022.
  • The proceeds raised will be used for debt repayment.
  • Bank of America Merrill Lynch, JPMorgan, Scotiabank and MUFG acted as bookrunners and co-managers on the deal.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Food and beverage


Firm:

Party: Bank of America Merrill Lynch (Bookrunner, Co-manager)

Party: JP Morgan (Bookrunner, Co-manager)

Party: Scotiabank (Bookrunner, Co-manager)

Party: MUFG (Bookrunner, Co-manager)

Lawyer: Helene Banks