Get notified when TAP files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts
NYSE: TAP MOLSON COORS BEVERAGE CO 424B5

Molson Coors prices $1.5B debt offering: $500M 4.900% 2031 notes, $1B 5.500% 2036 notes

Filed May 22, 2026 · ~1 min read

Offering filing cluster

Same offering
  1. 424B5 May 22, 2026 This filing EDGAR →
  2. 8-K May 22, 2026 Molson Coors raises $1.9B in dual-currency debt offering across U.S. and Canada EDGAR →

Key Changes

  • high

    Molson Coors is issuing $500M of 4.900% notes due 2031 and $1B of 5.500% notes due 2036, both guaranteed by subsidiaries. Combined with a concurrent offering, net proceeds total $1.8B.

    The Offering verify on EDGAR →
  • high

    Proceeds will refinance maturing debt: $2.0B of 3.00% notes due 2026 and C$500M of 3.44% notes due 2026. This is a debt rollover, not new capital for growth.

    Use of Proceeds verify on EDGAR →
  • medium

    Notes are unsecured and structurally subordinated to $88M of non-guarantor subsidiary debt (plus $3.4B intercompany debt). Pro forma total debt post-offering: $6.2B.

    Risk Factors verify on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (STZ 10-Q) is open in full — no account needed.

Partner

Trade TAP commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?
View original filing on SEC.gov

Source-verified from EDGAR · Narrative written by AI · Jul 8, 2026 · How we verify