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flag Lenders Bain Capital & Sona Asset Management form Australian Wine Holdco Ltd. to acquire Accolade Wines, taking over debt from Carlyle Group amid financial difficulties.

flag Lenders, including Bain Capital and Sona Asset Management, have agreed to take over a distressed Australian wine producer, Accolade Wines, as part of a debt restructuring. flag The new consortium, Australian Wine Holdco Ltd., will acquire the company from previous sponsor The Carlyle Group by swapping their debt for shares in the business. flag Accolade Wines has faced financial challenges due to a structural downturn in wine demand, cost inflation, excess grape supply, and elevated debt levels.

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