04:08 AM EDT, 05/23/2024 (MT Newswires) -- Molson Coors Beverage ( TAP/A ) said late Wednesday it priced an 800 million euros ($866.6 million) public offering of 3.800% senior notes due 2032.

The offering is expected to close around May 29, subject to customary conditions.

The company expects net proceeds from the offering of about 793.5 million euros, which it intends to use for general corporate purposes as well as the repayment of 800 million euros in notes issued in 2016 upon maturity this July.

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