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Molson Coors Brewing grosses $1.79 billion from debt offering

Molson Coors Brewing Co. raised gross proceeds of $1.79 billion from an offering of 4.20% senior unsecured unsubordinated notes due July 15, 2046.

The company plans to use the proceeds for investment in securities and acquisitions or investments.

BMO Capital Markets Corp., Citigroup Global Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc., MUFG Securities Americas Inc., RBC Capital Markets LLC, UBS Securities LLC and Wells Fargo Securities LLC were the lead underwriters.

Lloyds Securities Inc. and Williams Capital Group LP also served as underwriters for the offering.