Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Diamond Estates Wines & Spirits ( (TSE:DWS) ) has issued an announcement.
Diamond Estates Wines & Spirits Inc. has announced a Seventh Amendment to its Second Amended and Restated Credit Agreement with the Bank of Montreal, effective November 10, 2025. This amendment includes the establishment of a $3.6 million bulge amount credit facility and a limited recourse guarantee by Lassonde Industries Inc. The interest rates have been adjusted to Prime Rate plus 2.65% during the temporary bulge period and Prime Rate plus 2.40% at other times. This financial maneuver is part of Diamond Estates’ ongoing financial turnaround, as acknowledged by President and CEO Andrew Howard, with the company set to release its Q2 results by the end of November.
More about Diamond Estates Wines & Spirits
Diamond Estates Wines & Spirits Inc. is a Canadian company that produces high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada. The company operates four production facilities in Ontario and British Columbia, producing VQA wines under various well-known brand names. Through its commercial division, Trajectory Beverage Partners, Diamond Estates represents a wide range of international wine, spirits, beer, cider, and ready-to-drink brands.
Average Trading Volume: 81,701
Technical Sentiment Signal: Sell
Current Market Cap: C$11.52M
See more data about DWS stock on TipRanks’ Stock Analysis page.