Extension Agreement to Amended and Restated Credit Agreement among Molson Coors Beverage Company, Citibank, N.A., and Lenders (June 26, 2025)
This agreement extends the maturity date of the existing Amended and Restated Credit Agreement, originally dated June 26, 2023, between Molson Coors Beverage Company and its affiliates, Citibank, N.A. as Administrative Agent, and various lenders. The new maturity date is June 26, 2030. The extension is effective upon satisfaction of certain conditions specified in the original credit agreement. All other terms remain unchanged, and the agreement is governed by New York law.
Exhibit 10.1
Execution Version
EXTENSION AGREEMENT
June 26, 2025
Citibank, N.A.,
as Administrative Agent
under the Credit Agreement
referred to below
Ladies and Gentlemen:
The undersigned hereby agrees to extend, effective June 26, 2025, the Maturity Date under that certain Amended and Restated Credit Agreement, dated as of June 26, 2023, among Molson Coors Beverage Company, Molson Coors Brewing Company (UK) Limited, Molson Canada 2005, Molson Coors Canada Inc. and Molson Coors International LP, the other Borrowing Subsidiaries from time to time party thereto, the Lenders and Issuing Banks from time to time party thereto and Citibank, N.A., as Administrative Agent (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), for one year to June 26, 2030. Terms defined in the Credit Agreement are used herein with the same meaning.
This Extension Agreement is subject to satisfaction of the conditions set forth in Section 2.08(f) of the Credit Agreement.
This Extension Agreement shall be construed in accordance with and governed by the law of the State of New York.
[Remainder of Page Intentionally Left Blank]
CITIBANK, N.A., as Administrative Agent | |||
By: | /s/ Daniel Boselli | ||
Name: | Daniel Boselli | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
CITIBANK, N.A. | |||
By: | /s/ Daniel Boselli | ||
Name: | Daniel Boselli | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
Bank of America, N.A. | |||
By: | /s/ Ryan Van Stedum | ||
Name: | Ryan Van Stedum | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
GOLDMAN SACHS BANK USA | |||
By: | /s/ Ananda DeRoche | ||
Name: | Ananda DeRoche | ||
Title: | Authorized Signatory |
[Signature Page to Extension Agreement – Molson Coors (2025)]
BANK OF MONTREAL, Chicago Branch | |||
By: | /s/ Jamie Kovatchis | ||
Name: | Jamie Kovatchis | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
BANK OF MONTREAL, Canada Branch | |||
By: | /s/ Ben Suissa | ||
Name: | Ben Suissa | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
BANK OF MONTREAL, London Branch | |||
By: | /s/ Andrew Nelson | ||
Name: | Andrew Nelson | ||
Title: | Director |
By: | /s/ Richard Pittam | ||
Name: | Richard Pittam | ||
Title: | Managing Director |
[Signature Page to Extension Agreement – Molson Coors (2025)]
Capital One National Association | |||
By: | /s/ David Guettlein | ||
Name: | David Guettlein | ||
Title: | Authorized Signer |
[Signature Page to Extension Agreement – Molson Coors (2025)]
JPMorgan Chase Bank, N.A. | |||
By: | /s/ James Kyle O’Donnell | ||
Name: | James Kyle O’Donnell | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
MIZUHO BANK, LTD. | |||
By: | /s/ Tracy Rahn | ||
Name: | Tracy Rahn | ||
Title: | Managing Director |
[Signature Page to Extension Agreement – Molson Coors (2025)]
Royal Bank of Canada | |||
By: | /s/ Emily Grams | ||
Name: | Emily Grams | ||
Title: | Authorized Signatory |
[Signature Page to Extension Agreement – Molson Coors (2025)]
The Bank of Nova Scotia | |||
By: | /s/ Eugene Dempsey | ||
Name: | Eugene Dempsey | ||
Title: | Director |
[Signature Page to Extension Agreement – Molson Coors (2025)]
U.S. Bank National Association | |||
By: | /s/ Christi K. Shaw | ||
Name: | Christi K. Shaw | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
UNICREDIT BANK GmbH, NEW YORK BRANCH | |||
By: | /s/ Kimberly Sousa | ||
Name: | Kimberly Sousa | ||
Title: | Managing Director |
By: | /s/ Stephan Stoffel | ||
Name: | Stephan Stoffel | ||
Title: | Associate Director |
[Signature Page to Extension Agreement – Molson Coors (2025)]
ING Bank N.V., Dublin Branch | |||
By: | /s/ Louise Gough | ||
Name: | Louise Gough | ||
Title: | Director |
By: | /s/ Padraig Matthews | ||
Name: | Padraig Matthews | ||
Title: | Director |
[Signature Page to Extension Agreement – Molson Coors (2025)]
MORGAN STANLEY BANK, N.A. | |||
By: | /s/ Michael King | ||
Name: | Michael King | ||
Title: | Authorized Signatory |
[Signature Page to Extension Agreement – Molson Coors (2025)]
Lloyds Bank Corporate Markets, plc | |||
By: | /s/ Catherine Lim | ||
Name: | Catherine Lim | ||
Title: | Assistant Vice President |
By: | /s/ Tina Wong | ||
Name: | Tina Wong | ||
Title: | Assistant Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
PNC Bank, National Association | |||
By: | /s/ Naml Muhammad | ||
Name: | Naml Muhammad | ||
Title: | Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
PNC Bank, Canada Branch | |||
By: | /s/ Caroline M Stade | ||
Name: | Caroline M Stade | ||
Title: | Senior Vice President |
[Signature Page to Extension Agreement – Molson Coors (2025)]
The Northern Trust Company | |||
By: | /s/ Lisa DeCristofaro | ||
Name: | Lisa DeCristofaro | ||
Title: | SVP |
[Signature Page to Extension Agreement – Molson Coors (2025)]
Agreed and accepted:
MOLSON COORS BEVERAGE COMPANY | |||
By: | /s/ Patrick Porter | ||
Name: | Patrick Porter | ||
Title: | Vice President and Treasurer |
[Signature Page to Extension Agreement – Molson Coors (2025)]