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Naked Wines not expecting to incur loss from SVB exposure

Published by Michele Maatouk on 13th March 2023

(Sharecast News) - Naked Wines said on Monday that SVB is the administrative agent and issuing lender for its $60m asset-backed credit facility, but that day-to-day operations are unaffected by the collapse of Silicon Valley Bank and it does not expect to incur a loss.

URL: http://www.digitallook.com/dl/news/story/33362975/...

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