- Fifth Third Bank Provides New $100 Million Senior Credit Facility for E-Commerce Retailer
- MidFirst Business Credit Announces New Lending Relationship with LDC Stone, Inc.
- FrontWell Capital Partners Announces Launch of Private Credit Fund Focused on Middle-Market Companies in U.S. and Canada
- CIFC To Acquire LBC Credit Partners
- CIT Launches New Golf & Turf Equipment Leasing and Financing Vertical
Siena Lending Group Closes a $78 Million Credit Facility for an Alcoholic Beverages Company
August 29, 2023
By Siena Lending Group
Siena Lending Group LLC (“Siena”) is pleased to announce the closing of a $78 million senior secured credit facility with an alcoholic beverage producer and distributor (the “Company”). The loans are being used to provide additional capital to refinance existing debt and support future growth opportunities.
The Company produces and sells distilled spirits and ready-to-drink cocktails on a private label and contract manufacturing basis, as well as a full line of its own branded products. Privately owned by the founding family for over 70 years, the Company was seeking a financing partner that could provide a flexible solution with added liquidity to complete its turnaround and support new operating initiatives.
Siena Lending Group LLC (“Siena”) is pleased to announce the closing of a $78 million senior secured credit facility with an alcoholic beverage producer and distributor (the “Company”). The loans are being used to provide additional capital to refinance existing debt and support future growth opportunities.
The Company produces and sells distilled spirits and ready-to-drink cocktails on a private label and contract manufacturing basis, as well as a full line of its own branded products. Privately owned by the founding family for over 70 years, the Company was seeking a financing partner that could provide a flexible solution with added liquidity to complete its turnaround and support new operating initiatives.