Constellation Brands Inc. 'BB+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev - S&P Global Ratings’ Credit Research

Constellation Brands Inc. 'BB+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev

Constellation Brands Inc. 'BB+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev - S&P Global Ratings’ Credit Research
Constellation Brands Inc. 'BB+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev
Published Feb 14, 2013
1266 words — Published Feb 14, 2013
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Abstract:

U.S.-based Constellation Brands and Anheuser-Busch InBev have revised their agreement related to the divestiture of Grupo Modelo's U.S. business. We're affirming our ratings on Constellation Brands, including its 'BB+' corporate credit rating. The rating outlook on Constellation Brands remains stable. NEW YORK (Standard&Poor's) Feb. 14, 2013--Standard&Poor's Ratings Services said today that it affirmed all of its ratings on Victor, N.Y.-based Constellation Brands Inc., including its 'BB+' corporate credit rating, following the announcement that Constellation Brands and Anheuser-Busch InBev N.V./S.A. (ABI) have revised their agreement to complete the divestiture of Grupo Modelo S.A.B. de C.V.'s U.S. business. In June 2012, Constellation Brands signed a definitive agreement with ABI to purchase the remaining 50% interest in Crown Imports

  
Brief Excerpt:

RESEARCH Constellation Brands Inc. '##+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev Publication date: 14-Feb-2013 Primary Credit Analyst: Jean C Stout, New York (1) 212-438-1000; jean_stout@standardandpoors.com...

  
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Ratings Action

Ticker
Issuer
GICS
Distillers & Vintners (30201020)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Constellation Brands Inc. 'BB+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev" Feb 14, 2013. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Constellation-Brands-Inc-BB-Rating-Affirmed-Following-Announcement-On-Revised-Agreement-With-Anheuser-Busch-InBev-1078042>
  
APA:
S&P Global Ratings’ Credit Research. (). Constellation Brands Inc. 'BB+' Rating Affirmed Following Announcement On Revised Agreement With Anheuser-Busch InBev Feb 14, 2013. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Constellation-Brands-Inc-BB-Rating-Affirmed-Following-Announcement-On-Revised-Agreement-With-Anheuser-Busch-InBev-1078042>
  
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