Constellation Brands Announces Delivery of Notices of Redemption for 4.75% Senior Notes Due 2025 and 5.00% Senior Notes Due 2026
The redemption price for the notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indentures 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 notices distributed to holders of the notes by the trustee under the indenture and the applicable supplemental indentures governing the notes.
ABOUT CONSTELLATION BRANDS Constellation Brands 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 Corona Extra, Modelo Especial, Modelo Chelada, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, Lingua Franca, Casa Noble 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 are forward-looking statements that are based upon management's current expectations and are subject to risks and uncertainties. The forward-looking statements are based on management's current expectations and should not be construed in any manner as a guarantee that such events or results will in fact occur. All forward-looking statements speak only as of the date of this news release and Constellation Brands 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 are included in the company's filings with the SEC.
MEDIA CONTACTS
INVESTOR RELATIONS CONTACTS
Amy Martin 585-678-7141 / amy.martin@cbrands.com Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com
Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com Snehal Shah 847-385-4940 / snehal.shah@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com
A downloadable PDF copy of this news release can be found here.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
elf Beauty (ELF) Jumps 9.7% as Analyst Grows More Bullish Despite Product Price Increase
We recently published . e.l.f. Beauty, Inc. (NYSE:ELF) is one of the best-performing stocks on Monday. e.l.f Beauty saw its share prices jump by 9.73 percent on Monday to finish at $111.67 apiece as investors took heart from an investment firm's bullish rating and price target upgrade for its stock. In a market note, Morgan Stanley upgraded e.l.f. Beauty, Inc. (NYSE:ELF) to 'overweight' from 'equal weight' previously, alongside a higher price target of $134 versus $114 prior. The new price suggested a 20-percent upside potential from its latest closing price. Last August 1, e.l.f. Beauty, Inc. (NYSE:ELF) slapped a 14-percent price hike on its products, saying that it would assess how consumers would respond. 'It will take a couple of weeks for that to fully roll out within retail. And so that is something that we're watching for,' e.l.f. Beauty, Inc. (NYSE:ELF) CFO Mandy Fields has said. However, Morgan Stanley posted a more optimistic outlook, saying that consumers typically do not tend to be especially sensitive to price increases 'given the relative importance of beauty products to consumers.' Copyright: citalliance / 123RF Stock Photo Additionally, it underscored that e.l.f. Beauty, Inc.'s (NYSE:ELF) products are relatively cheaper compared with those from its counterparts, and there is less opportunity for consumers to find more affordable substitutes. While we acknowledge the potential of ELF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
12 minutes ago
- Yahoo
ZIM Integrated (ZIM) Climbs 14.9% on Acquisition Rumors
We recently published . ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is one of the best-performing stocks on Monday. ZIM Integrated grew its share prices by 14.9 percent on Monday to close at $17.81 apiece as investors snapped up shares amid news reports that it was set to go private through a $2.4 billion acquisition plan. According to Israel-based business publication Calcalist, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) and magnate Rami Unger were mulling over the acquisition of all of the company's outstanding shares to merge the former with the tycoon's own shipping company. The reported offer marks a significant premium to ZIM Integrated Shipping Services Ltd.'s (NYSE:ZIM) market capitalization of $1.87 billion. If proven, the acquisition would remove ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from the roster of publicly listed companies on the New York Stock Exchange. Based on information on its website, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is scheduled to announce the results of its financial and operating highlights for the second quarter of the year before market open next Wednesday, August 20. Investors will also be closely watching out for cues and confirmation about the reported privatization. Photo by Ammiel Jr on Unsplash For full-year 2025, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is targeting to generate between $1.6 billion and $2.2 billion in adjusted EBITDA, and $350 million to $950 million in adjusted EBIT. While we acknowledge the potential of ZIM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
XPeng (XPEV) Extends Rally as First Hybrid Vehicle Launch Raises Sales Prospects
We recently published . XPeng Inc. (NYSE:XPEV) is one of the best-performing stocks on Monday. XPeng Inc. rallied for a third consecutive day on Monday, adding 5.97 percent to close at $21.41 apiece, as investors turned optimistic about sales prospects over the looming launch of its first hybrid vehicle. This followed the release of China's Ministry of Industry and Information Technology's catalog of expected vehicle launches, which included XPeng Inc.'s (NYSE:XPEV) hybrid version of the X9 variant, X9 EREV. Shortly after the catalog release, the company's CEO, He Xiaopeng, confirmed that the new vehicle is scheduled to be launched in the fourth quarter of the year, and that it is a global model that was tested in 20 countries and 330 cities. The X9 EREV is slightly longer than the all-electric X9, which is equipped with a 1.5-liter engine as an extender. According to He, XPeng Inc. (NYSE:XPEV) was looking to make X9 EREV a reliable seven-seater family car. In other news, XPeng Inc. (NYSE:XPEV) is set to announce the results of its second quarter earnings performance before market open next Tuesday, August 19. While we acknowledge the potential of XPEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
