Constellation Brands Plans Commercial Paper Program
(Thomson Reuters ONE) -
VICTOR, N.Y., Sept. 25, 2017 (GLOBE NEWSWIRE) -- Constellation Brands, Inc.
(NYSE:STZ) (NYSE:STZ.B) announced today that it plans to launch a commercial
paper program pursuant to which it will offer and sell unsecured, unsubordinated
notes, on a private placement basis, in reliance on an exemption from
registration under the Securities Act of 1933, as amended (the "Securities
Act"). The notes will not be redeemable prior to maturity or subject to
voluntary prepayment. The proceeds of the notes will be used for general
corporate purposes.
The notes to be offered have not been and will not be registered under the
Securities Act and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements. This
news release shall not constitute an offer to sell or the solicitation of an
offer to buy the company's notes under the commercial paper program.
About Constellation Brands
Constellation Brands is a leading international producer and marketer of beer,
wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and
Canada. Constellation is the third-largest producer and marketer of beer for the
U.S. market and the world's leading premium wine company with a leading market
position in the U.S. Constellation's wine portfolio is complemented by select
premium spirits brands. Constellation's brand portfolio includes Corona Extra,
Corona Light, Modelo Especial, Modelo Negra, Pacifico, Ballast Point, Robert
Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate,
Ruffino, The Prisoner, SVEDKA Vodka, 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.
Detailed information regarding risk factors with respect to the company and the
offering are included in the company's filings with the SEC.
CONTACTS
Media
Mike McGrew: 773-251-4934
Amy Martin: 585-678-7141
Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Constellation Brands, Inc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 25.09.2017 - 22:30 Uhr
Sprache: Deutsch
News-ID 561186
Anzahl Zeichen: 3032
contact information:
Town:
NY
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 176 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Constellation Brands Plans Commercial Paper Program"
steht unter der journalistisch-redaktionellen Verantwortung von
Constellation Brands, Inc (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
