Constellation Brands Ratings Affirmed; Outlook Positive - S&P Global Ratings’ Credit Research

Constellation Brands Ratings Affirmed; Outlook Positive

Constellation Brands Ratings Affirmed; Outlook Positive - S&P Global Ratings’ Credit Research
Constellation Brands Ratings Affirmed; Outlook Positive
Published Jan 12, 2010
1276 words — Published Jan 12, 2010
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Abstract:

Victor, N.Y.–based Constellation Brands Inc. is amending and extending its senior secured credit facility. We have affirmed our ratings on Constellation Brands Inc. The positive outlook reflects our belief that the company will continue to strengthen it credit measures from current levels. NEW YORK (Standard&Poor's) Jan. 12, 2010--Standard&Poor's Ratings Services said today that it affirmed its ratings on Constellation Brands Inc., including its 'BB' corporate credit rating. The outlook is positive. The affirmation follows Constellation Brands' proposed amendment and extension of its senior secured credit facilities. The company is proposing to extend its revolving credit facility two years to June 2013, but the revolver size will be reduced to $650 million during the extension period. Constellation

  
Brief Excerpt:

RESEARCH Constellation Brands Ratings Affirmed; Outlook Positive Publication date: 12-Jan-2010 Primary Credit Analyst: Jean C Stout, New York (1) 212-438-7865; jean_stout@standardandpoors.com Victor, N.Y.aÇôbased Constellation Brands...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Distillers & Vintners (30201020)
Sector
Global Issuers
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Constellation Brands Ratings Affirmed; Outlook Positive" Jan 12, 2010. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Constellation-Brands-Ratings-Affirmed-Outlook-Positive-768486>
  
APA:
S&P Global Ratings’ Credit Research. (). Constellation Brands Ratings Affirmed; Outlook Positive Jan 12, 2010. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Constellation-Brands-Ratings-Affirmed-Outlook-Positive-768486>
  
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