| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Accolade Wines > News item |
Accolade Wines gets £150 million financing facility from GE Capital
By Marisa Wong
Madison, Wis., Nov. 22 - Accolade Wines received a £150 million cross-border financing facility from GE Capital UK and GE Capital Australia, according to a GE Capital press release on Tuesday.
The financing from GE Capital will allow Accolade to increase its working capital and capital expenditure. The facility will also help fund Champ Private Equity's business growth plans. Champ is an 80% owner of Accolade Wines.
Accolade Wines is a Reynella, Australia-based wine company. GE Capital is a London-based commercial asset-based lending provider.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.