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Moody's Ratings affirms Brown-Forman's A1/ Prime-1 ratings; changes ou...

Moody's Ratings (Moody's) today affirmed Brown-Forman Corporation's ("B-F" or "Brown-Forman") A1 senior unsecured ratings and Prime-1 commercial paper rating. The rating outlook was changed to negative from stable. The outlook revision to negative from stable reflects that leverage has been elevat...

Brown-Forman Corporation: Update following affirmation

Our credit view of Brown-Forman reflects its geographic diversification and strong profitability, constrained by category concentration, and modest scale.

Moody's affirms Brown-Forman's A1, Prime-1 ratings; outlook stable

Moody's Investors Service ("Moody's") today affirmed Brown-Forman Corporation's ("B-F") A1 senior unsecured ratings and Prime-1 short term commercial paper rating. The ratings outlook is stable. RATINGS RATIONALE B-F's A1 senior unsecured ratings continue to be supported by strong profitability,...

Moody's assigns A1 to Brown-Forman's senior unsecured notes; outlook s...

Moody's Investors Service ("Moody's") today assigned A1 rating to Brown-Forman Corporation's ("B-F") proposed fixed-rate senior unsecured notes. The proceeds will be used for general corporate purposes including refinancing the $600 million senior unsecured 364-day term loan issued on January 3, 202...

Brown-Forman Corporation: Update to credit analysis

Our credit view of Brown-Forman reflects its stable performance, strong profitability and good geographic diversification, against its small scale. and risk associated with acquisitions

Brown-Forman Corporation: Diplomático deal is credit negative, adding ...

Brown-Forman's addition of ultra premium rum lifts leverage and adds supply risk though also continues diversification

Brown-Forman Corporation: Gin Mare acquisition is a credit positive ad...

Brown-Forman's addition of ultra premium gin adds to its white spirits portfolio, a credit positive

Brown-Forman Corporation: Update to credit analysis

Our credit view of his Brown-Forman reflects its improving credit metrics and geographic diversification, against its small scale.

Moody's announces completion of a periodic review of ratings of Brown-...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brown-Forman Corporation. Global Credit Research- 16 Nov 2021. New York, November 16, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Brown-Forman Corporation and other ratings that are associated with the same analytical unit.

Brown-Forman Corporation: US Trade agreement with EU suspending tariff...

Suspension of 25% tariff on US whiskeys and bourbons will benefit Brown-Forman given its concentration on whiskeys and the importance of the European market.

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