Molson Coors Beverage Company (NYSE: TAP) announced it has priced a $1.5 billion public offering of senior notes, consisting of $500 million in 4.900% notes due 2031 and $1 billion in 5.500% notes due 2036.

The offering is expected to close around May 27, 2026, subject to customary closing conditions. The company plans to use net proceeds for general corporate purposes, including repayment of $2 billion in 3.00% senior notes due 2026.

Citigroup Global Markets Inc., BofA Securities, Inc. and Goldman Sachs & Co. LLC are serving as joint book-running managers for the offering.

The notes are being offered under an effective shelf registration statement filed with the Securities and Exchange Commission. A preliminary prospectus supplement was filed with the SEC on May 20, 2026, with a final prospectus supplement to follow.

The Golden, Colorado-based beverage company trades on both the New York Stock Exchange under multiple ticker symbols (TAP, TAP.A, TAP 32) and the Toronto Stock Exchange (TPX.A, TPX.B).