NEW YORK (Standard&Poor's) Feb. 6, 2007--Standard&Poor's Ratings Services said today that there would be no effect on the ratings or outlook of Fairport, N.Y.-based Constellation Brands Inc. (BB/Negative/--) following the announcement that it has reached an agreement to acquire the SVEDKA Vodka brand and related business for $384 million. The transaction, subject to customary regulatory approvals and other closing conditions, will be financed with debt under Constellation Brands' senior credit facility and is expected to close on or about March 1, 2007. The acquisition will enhance the company's premium spirits offerings and provide a platform for expansion. Although Standard&Poor's does not expect credit measures to change materially pro forma for the acquisition, these measures
