BROWN FORMAN CORP (BF-A) Form 8-K — Sep 21, 2026
$BF-AForm 8-KItems 1.01, 2.03, 9.01Filed Sep 21, 2026, 4:15 PM ET0001193125-26-396679Original filing
Brown-Forman Corporation completed the sale of $500 million of 5.375% Notes due October 15, 2031 on September 21, 2026, under an underwriting agreement dated September 17, 2026, creating a new direct financial obligation reported under Items 1.01 and 2.03 of the 8-K. The notes priced at 99.872% of par to yield 5.403%, a spread of 60 basis points over the 4.375% Treasury due August 2031, with interest payable semi-annually beginning April 15, 2027. Barclays Capital, BofA Securities, Citigroup, J.P. Morgan and U.S.
Key figures
- Debt Amount
- 500000000
- Interest Rate
- 5.375
- Maturity Date
- October 15, 2031
- Cusip isin
- 115637 AV2 / US115637AV26
- Par call date
- September 15, 2031
- Interest payment
- Semi-annually on April 15 and October 15, first payment April 15, 2027 (long first coupon)
- Yield to maturity
- 5.403%
- Benchmark treasury
- 4.375% due August 31, 2031 (98-04 1/4; 4.803%)
- Minimum denomination
- $2,000 and integral multiples of $1,000
- Public offering price
- 99.872% of principal
- Registration statement
- Automatic shelf Form S-3 (File No. 333-294143) filed March 9, 2026
- Board note authorization
- $800,000,000 aggregate principal in one or more series
- Revolving credit facility
- $900,000,000
- Underwriter purchase price
- 99.272% of principal
- Change of control put price
- 101% of principal plus accrued interest
- Spread to benchmark treasury
- T+60 bps
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