Constellation Brands Announces Delivery of Notice of Redemption for 4.350% Senior Notes Due 2027

manilatimes.net · 2026-09-08

ROCHESTER, N.Y., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading U.S.-based total beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 4.350% Senior Notes due 2027 (CUSIP Number: 21036P BK3) to be effected on September 18, 2026. As of September 8, 2026, there were $600.0 million in aggregate principal amount of the notes outstanding.

TickrTrends take: Constellation Brands' redemption of its senior notes represents a refinancing activity that could affect the company's capital structure and debt profile. Given that TickrTrends currently rates STZ as undervalued within the Consumer Defensive sector, investors focused on valuation should monitor how this debt management decision influences the company's leverage ratios and financial flexibility going forward. The redemption activity, combined with the current undervalued assessment, suggests there may be opportunity to evaluate whether the company's debt reduction strategy supports improved returns on shareholder capital.

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