$TPX-B.TO

2 stories mentioning TPX-B.TOUpdated 34d ago

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Molson Coors Beverage Company Prices its Private Offering of Canadian Dollar-Denominated Senior Notes in Canada

Molson Coors Beverage Company(TPX-A.TO, TPX-B.TO, TAP) priced its previously announced private placement offering in Canada by Molson Coors International LP, a wholly-owned indirect unit of the company, of C$500 million of 4.300% Senior Notes due 2033, it said overnight Wednesday.Closing of the offering is expected on or about May 27, subject to customary closing conditions. Proceeds will be used for general corporate needs, including the repayment of the C$500 million 3.44% Senior Notes due 2026.U.S.-listed shares of the company were last seen up 0.7% at US$43.07 in pre-market trading.

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Treasury35d ago

Molson Coors Canada Unit Announces Canadian Senior Notes Offering

Molson Coors Canada (TPX-A.TO, TPX-B.TO) said Wednesday its indirect subsidiary, Molson Coors International, launched a private offering of Canadian-dollar denominated senior notes in Canada.The offering is expected to close around May 27, pending standard closing conditions. The funds will be used for general corporate purposes, including repaying its C$500 million 3.44% senior notes due 2026, the company said.The notes cannot be offered or sold in the United States unless they qualify for an exemption from registration requirements, according to the statement.

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