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July 30, 2015 1:19 AM ET


Company Overview of Castle Brands (USA) Corp.

Company Overview

Castle Brands (USA) Corp. engages in the import, manufacture, marketing, and sale of spirit brands of vodka, Irish whiskey, rums, and liqueurs. Castle Brands (USA) Corp. was formerly known as Great Spirits Corp. and changed its name in July 2003. The company is based in New York, New York. Castle Brands (USA) Corp. is a subsidiary of Castle Brands Inc.

570 Lexington Avenue

29th Floor

New York, NY 10022

United States

Founded in 1997



Key Executives for Castle Brands (USA) Corp.

Executive Vice President of Sales
Age: 52
Regional Manager of West Coast
Compensation as of Fiscal Year 2015.

Castle Brands (USA) Corp. Key Developments

Castle Brands and Castle Brands (USA) Corp. Enter into a Third Amendment with Keltic Financial Partners

On August 7, 2013, Castle Brands Inc., and Castle Brands (USA) Corp., entered into a Third Amendment to that certain Loan and Security Agreement, dated August 19, 2011, with Keltic Financial Partners II, LP, a Delaware limited partnership, in order to amend certain terms of the company’s existing $8,000,000 revolving facility and $2,500,000 term loan to finance the purchase of aged whiskies with Keltic. The amendment modifies certain aspects of the borrowing base calculation and covenants with respect to the Facility and permits the company to make regularly scheduled payments of principal and interest and voluntary prepayments on the Junior Loan, subject to certain conditions set forth in the amendment. In addition, the amendment provides the company and CB-USA with the ability to increase the maximum aggregate principal amount of the Bourbon Term Loan from $2,500,000 to up to $4,000,000 following the identification of junior participants to purchase a portion of the increased Bourbon Term Loan amount. The company and CB-USA paid Keltic an aggregate $25,000 amendment fee in connection with the execution of the amendment.

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