New York, November 10, 2016 -- Moody's Investors Service today placed the Ba1 Corporate Family and other ratings of Constellation Brands, Inc. ("Constellation") on review for upgrade following its announcement that it will manage its net debt to EBITDA to around 3.5x. At the same time, Moody's raised Constellation Brands' speculative grade liquidity rating to SGL-1 from SGL-3.

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