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Molson Coors Unit Launches Private Offering of Canadian Dollar Notes

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Molson Coors Beverage's (TAP) international unit launched a private offering of Canadian dollar-denominated senior notes to be sold only to Canadian investors.

Net proceeds will be used for general corporate purposes, including repaying 500 million Canadian dollars ($363.6 million) of 3.44% senior notes due 2026, the company said Wednesday in a statement.

The offering is expected to close around May 27.

Price: $42.89, Change: $+0.94, Percent Change: +2.24%

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