2 tbsp. unsalted butter 2 cloves garlic, minced 1 small yellow onion, minced ¼ green bell pepper, chopped ⅔ cup chili sauce ⅓ cup packed brown sugar ¼ cup bourbon 1 tbsp. Worcestershire sauce 1 tbsp. distilled white vinegar 2 tsp. honey 2 tsp. dry mustard 2 tsp. chili powder 1 tsp. kosher salt 1 tsp. ground black pepper ½ tsp. ground coriander ¼ tsp. cayenne
Heat butter in a 4-qt. saucepan over medium-high heat. Add garlic, onion, and bell pepper; cook until soft, about 4 minutes. Stir in chili sauce, sugar, bourbon, Worcestershire, vinegar, honey, mustard, chili powder, salt, pepper, coriander, and cayenne; simmer, stirring, until thickened, about 30 minutes.