Brief: Eastside Secures Working Capital Facilities

Beeline Holdings

05/12/2019 21:43

Dec 5 (Reuters) - Eastside Distilling Inc  EAST.O :
    * EASTSIDE SECURES WORKING CAPITAL FACILITIES
    * EASTSIDE DISTILLING - HAS SECURED TWO WORKING CAPITAL
FACILITIES
WITH A MAXIMUM BORROWING CAPACITY TOTALING $4 MILLION
    * EASTSIDE DISTILLING - ALSO SECURED A $2 MILLION REVOLVING
LINE
OF CREDIT WITH TQLA, LLC WHICH MATURES ON APRIL 15, 2020
    * EASTSIDE DISTILLING - MAY USE PROCEEDS TO PURCHASE TEQUILA
FOR
ITS AZUÑIA PRODUCT LINE

Source text for Eikon:  ID:nPn9fFpTLa 
Further company coverage:  EAST.O 

 ((Reuters.Briefs@thomsonreuters.com;))