First Niagara funds Victory Brewing's new brewery
date:Nov 01, 2012
First Niagara has served as main arranger and administrative agent in a $33.1m financing package for Victory Brewing Company.

The finance will be used by Victory brewing to construct a second brewery in a 212,000ft building in Parkesburg, US.

The proposed brewery will have a 200-bpd brewhouse, a 50,000ft distribution center and 1,000-barrel fermentation tanks.

Victory Brewing Company brewmaster and CEO Ron Barchet said they have a long-standing relationship with First Niagara.

They were able
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