Constellation Brands ends $500 million credit line, issues new senior notes
NeutralFinancial Markets

Constellation Brands has decided to end a $500 million credit line while simultaneously issuing new senior notes. This move reflects the company's strategic financial management as it adapts to changing market conditions. By replacing the credit line with senior notes, Constellation aims to strengthen its balance sheet and optimize its capital structure, which is crucial for maintaining investor confidence and supporting future growth.
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