Brief: Vintage Wine Estates Monetizes Assets And Successfully Refinances Debt
19/12/2022 22:03
Dec 19 (Reuters) - Vintage Wine Estates Inc VWE.O :
* VINTAGE WINE ESTATES MONETIZES ASSETS AND SUCCESSFULLY
REFINANCES DEBT
* VINTAGE WINE ESTATES INC - SELLS EXCESS PLANTABLE LAETITIA
VINEYARD PROPERTIES WITH SCENIC EASEMENT ATTACHED
* VINTAGE WINE ESTATES INC - ENTERS INTO AMENDED AND
RESTATED
CREDIT AGREEMENT EXTENDING MAJORITY OF MATURITIES TO 2027
* VINTAGE WINE ESTATES INC - ON DEC 15, 2022, COMPANY
COMPLETED
SALE OF 965 ACRES OF LAETITIA VINEYARD FOR NET CASH PROCEEDS OF
APPROXIMATELY $9.1 MILLION
* VINTAGE WINE ESTATES INC - RETAINED LAETITIA WINERY AS
WELL AS
APPROXIMATELY 900 ACRES ON WHICH COMPANY GROWS SPARKLING
VARIETALS AMONG OTHERS
Source text for Eikon: ID:nGNX34bQHR
Further company coverage: VWE.O
((Reuters.Briefs@thomsonreuters.com;))
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