NEW YORK (Standard&Poor's) Feb. 7, 2012--Standard&Poor's Ratings Services said today it assigned its preliminary 'BB+' senior unsecured debt rating to Victor, N.Y.-based Constellation Brands Inc.'s Rule 415 shelf registration of debt securities. The new shelf has an indeterminate aggregate initial offering price and number of debt securities. This replaces the company's prior shelf registration. The company expects net proceeds from debt issuances will be used for general corporate purposes, including, but not limited to, repayment or refinancing of indebtedness, working capital, capital expenditures, and acquisitions. The corporate credit rating on Constellation Brands is 'BB+', with a stable outlook. The rating reflects our "satisfactory" business risk profile assessment (as our criteria define the term), which benefits from
