US: Brown-Forman secures $700m in finance

By just-drinks.com editorial team | 27 February 2003

The US spirits and wine company Brown-Forman has secured US$700m in financing in a 364-day deal with a group of banks. The money is to be used to repurchase of up to 8.3m shares.

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The US spirits and wine company Brown-Forman has secured US$700m in financing in a 364-day deal with a group of banks. The money is to be used to repurchase of up to 8.3m shares.

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