Loan & DebtMay 22, 2026, 04:53 PM
Molson Coors Issues $1.5B USD & C$500M CAD Senior Notes
AI Summary
Molson Coors Beverage Company and its subsidiary, Molson Coors International LP, entered into agreements for the offer and sale of senior notes. The company will issue $1.5 billion in aggregate principal amount of USD Senior Notes due 2031 and 2036. Additionally, its subsidiary will issue C$500 million in aggregate principal amount of CAD Senior Notes due 2033. The notes are expected to be issued on May 27, 2026.
Key Highlights
- Molson Coors to issue $1.5 billion in aggregate principal amount of USD Senior Notes.
- Includes $500 million 4.900% Senior Notes due 2031.
- Includes $1.0 billion 5.500% Senior Notes due 2036.
- Subsidiary Molson Coors International LP to issue C$500 million 4.300% Senior Notes due 2033.
- USD Notes underwritten by Citigroup, BofA Securities, and Goldman Sachs.
- CAD Notes purchased by Merrill Lynch Canada, BMO Nesbitt Burns, and RBC Dominion Securities.
- All notes are expected to be issued on May 27, 2026.
Price Impact
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