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News 2026-09-18 11:53 UTC

Brown-Forman to Offer $500 Million in Debt

By Kelly CloonanBrown-Forman is offering $500 million in debt as it contends with sluggish demand for alcohol.The spirits maker said Thursday the 5.375% five-year senior unsecured notes are due Oct. 15, 2031.The company said it plans to use the proceeds from the offering for general corporate purpo…