Mon 09/25/2023 07:16 AM
Australia-based wine producer Accolade Wines has kicked off talks with lenders about its capital structure ahead of its 2024 and 2025 debt maturities following the
appointment of advisors over the summer, sources said. The group has an 150 million Australian dollar ($96 million) multicurrency RCF maturing in April 2024, an AUD 140 million receivables facility also due next year, and a roughly AUD 570 million-equivalent £301 million term loan B due in June 2025.
Accolade has been...
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