Molson Coors Beverage Company Raises Debt Following Strong Q1 Performance
Molson Coors (TAP) raised CAD$500 million in debt following strong first-quarter results, with net sales up 2% and earnings per share rising by 24%. The company plans to use the proceeds for general corporate purposes, including repaying existing notes due this year.
Tickers: $TAP
Topics: debt_issuance dividend_increase q1_results share_repurchase