Molson Coors Beverage Company (NYSE: TAP; TSX: TPX.A) announced that its subsidiary Molson Coors International LP has commenced a private placement of Canadian dollar-denominated senior notes in Canada. The offering is expected to close on or about May 27, 2026, subject to customary closing conditions.

The company plans to use net proceeds from the offering for general corporate purposes, including repayment of CAD $500 million in 3.44% senior notes due 2026.

The notes will be sold exclusively to Canadian investors under Regulation S and have not been qualified by a prospectus under Canadian securities laws. The offering is conducted on a private placement basis through an offering memorandum, relying on exemptions from prospectus requirements under applicable securities legislation.

The notes have not been registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States except under specific exemptions from registration requirements.

Molson Coors operates as a beverage company with brands including Coors Light, Miller Lite, Coors Banquet, and Molson Canadian. The company's portfolio extends beyond beer to include flavored beverages, spirits, and non-alcoholic drinks through various licensing and partnership agreements.

The company noted in its announcement that forward-looking statements regarding the offering are subject to risks and uncertainties, including prevailing market conditions and other factors that could cause actual results to differ from expectations.