Brown-Forman prices $500 million 5-year senior notes
Brown-Forman priced a $500 million 5-year senior unsecured note issue. The 5.375% notes are due October 15, 2031, with proceeds intended for general corporate purposes, which may include dividends.
Brown-Forman Corporation (NYSE: BFA, BFB) said it has priced a $500 million 5-year senior unsecured note. 375% 5-year senior notes are due October 15, 2031. Brown-Forman said it intends to use the net proceeds from the offering for general corporate purposes, which may include dividends.