Constellation Brands Prices $500M Senior Notes at 4.850% Due 2031

Constellation Brands announced the pricing of a public offering of $500.0 million aggregate principal amount of 4.850% Senior Notes due 2031 at 99.943% of the principal amount. The notes will be senior unsecured obligations. The company intends to use the net proceeds, along with other funds, to redeem its outstanding $600 million 3.700% Senior Notes due 2026 and for general corporate purposes. The offering is expected to close on May 6, 2026, subject to customary conditions.