Welcome to our dedicated page for Brown-Forman Corporation news (Ticker: BF.A), a resource for investors and traders seeking the latest updates and insights on Brown-Forman Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brown-Forman Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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Brown-Forman Corporation (NYSE: BF.A, BF.B) has priced a $650 million 10-year senior unsecured note with a 4.750% interest rate, maturing on April 15, 2033. The proceeds will primarily be used to refinance existing $600 million debt under a 364-day term loan, with any remaining funds allocated for general corporate purposes. The offering, managed by top investment firms, will not constitute a public sale in jurisdictions where it is prohibited without prior registration. Interested parties can access the prospectus via the SEC website or by contacting the underwriters directly.