Consumer
City Brewing Mulls Lender Takeover in Restructuring
- Company is in talks with creditors for an out-of-court deal
- City Brewing is backed by firms including Charlesbank, Oaktree
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City Brewing Co., which makes alcoholic drinks such as White Claw and Pabst Blue Ribbon, is talking to creditors about inking an out-of-court restructuring with lenders taking control of the company, according to people with knowledge of the matter.
Negotiations are ongoing and no final decision has been made, said the people, who asked not to be identified discussing a private matter.