Molson Coors Beverage Company (NYSE: TAP, TAP.A, TAP 32; TSX: TPX.A, TPX.B) announced the pricing of CAD $500 million in 4.300% senior notes due 2033 through its subsidiary Molson Coors International LP.

The private placement offering in Canada is expected to close on or about May 27, 2026, subject to customary closing conditions. The company plans to use net proceeds for general corporate purposes, including repaying CAD $500 million in 3.44% senior notes due 2026.

The notes were sold exclusively to Canadian investors under Regulation S and were not qualified by a prospectus under Canadian securities laws. The offering was conducted on a private placement basis through an offering memorandum using exemptions from prospectus requirements under applicable securities legislation.

The notes have not been registered under the U.S. Securities Act of 1933 and will be subject to resale restrictions. They will not be offered or sold in the United States except pursuant to an exemption from registration requirements.

The information comes from a company press release statement. Molson Coors operates as a beverage company with brands including Coors Light, Miller Lite, Molson Canadian, and Blue Moon Belgian White, among others.