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News tagged Financial

Molson Coors Reports 2017 First Quarter Results

May 3, 2017
Molson Coors Brewing Company today reported U.S. GAAP net income from continuing operations attributable to MCBC of $201.9 million for the first quarter, down from pro forma net income of $257.4 million a year ago.

Proposed Offering of Euro-Denominated Senior Floating Rate Notes

March 7, 2017
Molson Coors announced today that it has commenced an offering of euro-denominated senior floating rate notes. Molson Coors previously announced the pricing of an offering of $1.0 billion aggregate principal amount of its U.S. dollar-denominated senior notes, consisting of $500 million principal amount of 1.90% Senior Notes due 2019 and $500 million principal amount of 2.25% Senior Notes due 2020, which it expects to close on March 15, 2017, subject to customary closing conditions. The aggregate principal amount of this offering, together with the Concurrent Offering, is expected to be equivalent to approximately $1.3 billion.

Pricing of Offering of Euro Denominated Senior Floating Rate Notes

March 7, 2017
Molson Coors announced today the pricing of its previously announced offering of €500 million aggregate principal amount of its Floating Rate Senior Notes due 2019. The Notes will bear interest at a floating rate equal to three-month EURIBOR, reset quarterly, plus 0.350% per annum. The offering is expected to close on or about March 15, 2017, subject to customary closing conditions.

Pricing of Offering of United States Dollar-Denominated Senior Notes

March 6, 2017
Molson Coors announced today the pricing of its previously announced offering of $1.0 billion aggregate principal amount of its senior notes, consisting of $500 million principal amount of 1.90% Senior Notes due 2019 and $500 million principal amount of 2.25% Senior Notes due 2020. The offering is expected to close on or about March 15, 2017, subject to customary closing conditions. Molson Coors intends to use the net proceeds of this offering to repay a portion of the amounts outstanding under its term loan facility.

Molson Coors Reports Fourth Quarter and Full Year Results

February 14, 2017
Molson Coors Brewing Company today reported a U.S. GAAP net loss from continuing operations attributable to MCBC of $608.1 million on a pro forma basis for the fourth quarter, down from $6.7 million of net income a year ago.

Molson Coors Reports Third Quarter Results

November 1, 2016
Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) today reported U.S. GAAP net income from continuing operations attributable to MCBC of $202.5 million, an increase versus $13.7 million a year ago, primarily driven by cycling $275.0 million of impairment charges recorded for certain Europe brands last year, partially offset by special charges and other non-core expenses related to the MillerCoors transaction this year.  

Media Contacts:

Corporate

Colin Wheeler
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Canada

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+1-416-679-1786
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Francophones

François Lefebvre
+1-514-529-8583
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United Kingdom

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MillerCoors

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+1 866-672-2682
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Investors

Dave Dunnewald
+1 303-927-2424
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