Don't Just Read the News, Understand It.
Published loading...Updated

Naked Wines secures £47m boost as finance chief heads for exit

Summary by City AM
Naked Wines has announced the departure of its chief financial officer as it secured a $60m (£47m) boost. CFO James Crawford will be stepping down from his role at the London-listed wine vendor as it confirmed the new credit line with PNC Bank, replacing its previous agreement with Silicon Valley Bank. The five-year facility is secured against global wine assets with the company paying an annual interest rate of 2.75-3.25 per cent above the secu…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

City AM broke the news in London, United Kingdom on Tuesday, July 9, 2024.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.