Lenders Bain Capital & Sona Asset Management form Australian Wine Holdco Ltd. to acquire Accolade Wines, taking over debt from Carlyle Group amid financial difficulties. Los prestamistas Bain Capital y Sona Asset Management forman Australian Wine Holdco Ltd. para adquirir Accolade Wines, asumiendo la deuda de Carlyle Group en medio de dificultades financieras.
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. Los prestamistas, incluidos Bain Capital y Sona Asset Management, acordaron hacerse cargo de un productor de vino australiano en dificultades, Accolade Wines, como parte de una reestructuración de deuda. 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. El nuevo consorcio, Australian Wine Holdco Ltd., adquirirá la empresa del patrocinador anterior, The Carlyle Group, canjeando su deuda por acciones del negocio. Accolade Wines has faced financial challenges due to a structural downturn in wine demand, cost inflation, excess grape supply, and elevated debt levels. Accolade Wines ha enfrentado desafíos financieros debido a una desaceleración estructural en la demanda de vino, inflación de costos, exceso de oferta de uva y elevados niveles de deuda.