New York, August 13, 2014 -- Moody's Investors Service said that Constellation Brands' announcement that it will acquire the Casa Noble tequila brand, a small super premium player in the fast growing tequila market, is a long term credit positive. However the transaction will have no immediate impact on Constellation's Ba1 Corporate Family Rating or stable outlook. For further information please see Moody's Issuer Comment at www.moodys.com.

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