Brown-Forman offers $500M in 5.375% notes due 2031
Brown-Forman said it is offering $500 million in 5.375% five-year senior unsecured notes due Oct. 15, 2031, and plans to use proceeds for general corporate purposes.
Brown-Forman is offering $500 million in debt as it faces sluggish demand for alcohol. 375% five-year senior unsecured notes are due Oct. 15, 2031. Brown-Forman said it plans to use the proceeds from the offering for general corporate purposes.