{"id":57505,"date":"2022-05-02T13:46:52","date_gmt":"2022-05-02T13:46:52","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=91030"},"modified":"2022-05-02T13:46:52","modified_gmt":"2022-05-02T13:46:52","slug":"constellation-brands-announces-tender-offers-for-outstanding-series-of-its-3-20-and-4-25-senior-notes-due-2023","status":"publish","type":"post","link":"https:\/\/malaysiantribune.com\/constellation-brands-announces-tender-offers-for-outstanding-series-of-its-3-20-and-4-25-senior-notes-due-2023\/","title":{"rendered":"Constellation Brands Announces Tender Offers for Outstanding Series of Its 3.20% and 4.25% Senior Notes Due 2023"},"content":{"rendered":"
VICTOR, N.Y., May 02, 2022 (GLOBE NEWSWIRE) — <\/strong>Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has commenced a series of cash tender offers (the \u201cOffers\u201d) for any and all of its outstanding 3.20% Senior Notes due 2023 and 4.25% Senior Notes due 2023 (collectively, the \u201cNotes\u201d), on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof (as it may be amended or supplemented from time to time, the \u201cOffer to Purchase\u201d), and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the \u201cNotice of Guaranteed Delivery\u201d). The Offer to Purchase and the Notice of Guaranteed Delivery are referred to together as the \u201cOffer Documents.\u201d<\/p>\n Certain information regarding the Notes and the pricing for, and dates and times relating to, the Offers is set forth in the tables below.<\/p>\n *\u00a0 Denotes a series of Notes for which the calculation of the Tender Offer Consideration (as defined below) will be determined on the maturity date of such series of Notes.<\/p>\n\n\n
\n Title of Note<\/td>\n CUSIP Number<\/td>\n Principal Amount
\nOutstanding<\/td>\nU.S. Treasury
\nReference Security<\/td>\nBloomberg
\nReference Page<\/td>\nFixed Spread<\/td>\n<\/tr>\n \n 3.20% Senior Notes due 2023<\/td>\n 21036PAX6<\/td>\n $<\/td>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0600,000,000<\/td>\n 1.500% UST due
\nJanuary 15, 2023<\/td>\nFIT3<\/td>\n 12.5 bps<\/td>\n<\/tr>\n \n 4.25% Senior Notes due 2023*<\/td>\n 21036PAL2<\/td>\n $<\/td>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,050,000,000<\/td>\n 1.625% UST due
\nApril 30, 2023<\/td>\nFIT4<\/td>\n 50.0 bps<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n