19.11.2015 16:49:00
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Constellation Brands, Inc. -- Moody's rates Constellation Brand's $400 million bonds Ba1; outlook stable
New York, November 19, 2015 -- Moody's Investors Service today assigned a Ba1 rating to Constellation Brands Inc.'s ("Constellation") new $400 million notes due 2025. Constellation will use the proceeds for general corporate purposes including funding of a portion of its pending acquisition of Ballast Point. The rating outlook is stable.