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0.000169865806013216 0.00101919483607942 -8.49329030066682E-05 0.00152879225411918 0.00101919483607942 0.00212332257516562 0.00416171224732457 0.000465432308476305
Stock impact report

White Oak Commercial Finance Agents ABL Facility for Ste. Michelle Wine Estates, LLC [Yahoo! Finance]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
Company Research Source: Yahoo! Finance
agented and closed an asset-based revolving credit facility to partially fund the acquisition of Ste. Michelle Wine Estates, LLC ("the Company") by the Wyckoff family, owner of diversified agribusinesses in Washington, Oregon, and Idaho. WOCF acted as the lender in the transaction, structuring the new asset-based credit facility to provide liquidity for the acquisition and give the new ownership the ongoing flexibility and capital needed to execute their long-term strategic goals and objectives. The transaction brings the Company back under the control of a local Washington family for the first time in over 50 years. "It was a privilege to have the opportunity to partner with the Wyckoff family and their leadership, as well as Ste. Michelle's management team, to structure and close on this important financing for the Washington wine industry," said Nick Ply, Head of Underwriting at WOCF. "This transaction underscores WOCF's ability to deliver fast, flexible, and tailored financing Show less Read more
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