Constellation Brands, Inc. (NYSE: STZ) announced on September 8, 2026, that it has delivered notice for the full redemption of its outstanding 4.350% Senior Notes due 2027. The redemption is scheduled to be effected on September 18, 2026.
As of September 8, 2026, the aggregate principal amount of these notes outstanding was $600.0 million, with a CUSIP number of 21036P BK3. The company stated that the redemption price will be paid in cash and calculated pursuant to the formula set forth in the supplemental indenture governing the notes.
Constellation Brands indicated that it intends to fund the redemption using commercial paper borrowings and/or cash on hand. The company is a leading U.S.-based total beverage alcohol company with operations in the U.S., Mexico, New Zealand, and Italy.
