Item 1.01. Entry into a Material Definitive Agreement.

On May 26, 2020, Molson Coors Brewing Company (UK) Limited (the "Issuer"), a subsidiary of Molson Coors Beverage Company (the "Company") that operates and manages the Company's business in the United Kingdom, established a commercial paper facility for the purpose of issuing short-term, unsecured Sterling-denominated notes that are eligible for purchase under the Joint HM Treasury and Bank of England's COVID Corporate Financing Facility commercial paper program (the "Program") in an aggregate principal amount up to £300 million, which may be increased from time to time as provided in the Dealer Agreement (as defined below).

In connection with the Program, the Issuer and the Company entered into a Dealer Agreement (the "Dealer Agreement") with Lloyds Bank Corporate Markets PLC, as arranger, and Lloyds Bank Corporate Markets PLC, as dealer (the "Dealer"), pursuant to which notes may be issued to the Dealer at such prices and upon such terms as the Issuer and the Dealer may agree. The maturities of the notes will vary but will not be less than seven days nor greater than 364 days. The Dealer Agreement contains customary representations, warranties, covenants and indemnification provisions typical for the issuance of commercial paper of this type. In addition, the Company entered into a Deed of Guarantee (the "Guarantee") to guarantee the payment of all sums payable from time to time by the Issuer in respect of the notes to the holders of any notes.

The foregoing descriptions of the Dealer Agreement and the Guarantee do not purport to be complete and are qualified in their entirety by reference to the full text of the Dealer Agreement and the Guarantee, which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K, and incorporated by reference herein.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

The information in Item 1.01 above is incorporated by reference in this Item 2.03.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.



  10.1       Dealer Agreement dated May 21, 2020 by and between Molson Coors Brewing
           Company (UK) Limited, Molson Coors Beverage Company, Lloyds Bank Corporate
           Markets PLC, as arranger, and Lloyds Bank Corporate Markets PLC, as
           dealer.

  10.2       Deed of Guarantee dated May 21, 2020 by Molson Coors Beverage Company in
           favor of the holders thereunder.

104        Cover Page Interactive Data File (embedded within the Inline XBRL
           document).




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