Davis Polk advised the representatives of the several initial purchasers in connection with an offering by Molson Coors Brewing Company of (i) $500 million aggregate principal amount of its 1.900% senior notes due 2019 and (ii) $500 million aggregate principal amount of its 2.250% senior notes due 2020. The U.S. dollar-denominated notes are guaranteed by certain subsidiaries of Molson Coors. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

Davis Polk also advised the representatives of the several initial purchasers in connection with an offering by Molson Coors of €500 million aggregate principal amount of its senior floating-rate notes due 2019. The euro-denominated notes are guaranteed by certain subsidiaries of Molson Coors. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

Molson Coors Brewing Company is one of the world’s largest brewers and has a diverse portfolio of owned and partner brands, including core brands Carling, Coors Light, Miller Lite, Molson Canadian and Staropramen, as well as craft and specialty beers such as the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Creemore Springs, Cobra and Doom Bar.

The Davis Polk capital markets team included partner Michael Kaplan and associate Martin Oberst. Partner Rachel D. Kleinberg and associate Caroline E. Dayton provided tax advice. Counsel David A. Zilberberg and associate Michael Comstock provided environmental advice. Partner Pritesh P. Shah and associate Arjun Ravi provided intellectual property and technology advice. Members of the Davis Polk team are based in the New York and Northern California offices.