COVID Stimulus Watch Individual Entry
Recipient Company:
Constellation Brands Inc
Loan or Loan Guarantee Amount:
$3,221,227
Recipient Details
Ownership Structure: publicly traded (ticker symbol STZ)
Award Details
Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Constellation Brands
Headquartered in: New York
Parent Sector: beverages
Parent Industry: beverages
Employees (prior to pandemic): 9,000
Accountability Issues Since 2010
Employment-related Penalties: $75,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $178,775
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 233 to 1
CEO Compensation: $9,392,650
Worker Median Pay: $40,373
Total Federal, State, and Local Subsidies: $7,349,212
Federal Corporate Income Tax Rate: 2.6%
Violation Tracker