09.04.2015 19:07:00
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Constellation Brands, Inc. -- Moody's says Constellation Brands' dividend initiation is credit negative but no change to Ba1 rating or stable outlook
New York, April 09, 2015 -- Moody's Investors Service said today that Constellation Brands' announcement that it will initiate a quarterly cash dividend is credit negative, but that the company's Ba1/ SGL-3 ratings and stable outlook will not be affected.