Thursday, August 24, 2006

Constellation’s Note Offerings Raise $700 Million

constellatiologoa-w.jpgConstellation Brands has completed a public offering and has raised just under US$700m.

The drinks company confirmed yesterday (August 15, 2006) that the sale of US$700m worth of senior notes has finished. The notes are due in 2016 and have a 7.25% coupon at a price of 99.02% of the principal amount of the senior notes.

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