Sunny D sale-leaseback hits $58M

Assets sold to reduce debt
Published on May 30, 2007

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by CareyBot

Sunny Delight Beverages Co. has sold and leased back three U.S. bottling facilities for a price of $58 million. The deal’s proceeds were used to pay down senior indebtedness, according to a press statement. Angelo, Gordon & Co.’s Net Lease ...