Splash beverage group enters (non-binding) term sheet to fund acquisitions

Fort lauderdale, fl, sept. 07, 2023 (globe newswire) -- via newmediawire - splash beverage group, inc. (nyse american: sbev) (“splash” or the “company”), a portfolio company of leading beverage brands, today announced it has entered a (non-binding) term sheet to fund acquisitions.  the credit facility will act as a credit reservation agreement (up to an undisclosed amount) for multiple acquisitions and will provide acquisition financing at the current euribor rate plus 1.5% and will mature in 7 to 10 years depending on each individual acquisition.
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