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Dear Client: Just before the weekend hit, Republic National Distributing Co. (RNDC) announced it has finalized an agreement with its lenders “to secure significant additional financing.” The new capital will support the wholesaler’s operations as it “continues to align its organizational structure, operational capabilities, and portfolio focus to ensure executional excellence,” per release (which sister publication Wine & Spirits Daily published late Friday). “We are pleased to have the continued support from our lending partners as we deliver against our
RNDC Secures “Significant Additional Financing” to Support Operations
Dear Client: Just before the weekend hit, Republic National Distributing Co. (RNDC) announced it has finalized an agreement with its lenders “to secure significant additional financing.” The new capital will support the wholesaler’s operations as it “continues to align its organizational structure, operational capabilities, and portfolio focus to ensure executional excellence,” per release (which sister publication Wine & Spirits Daily published late Friday). “We are pleased to have the continued support from our lending partners as we deliver against our
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