---
schema_version: "secwatch.filing_event.v1"
accession: "0001562151-23-000034"
form_type: "8-K"
ticker: "CWGL"
cik: "0001562151"
company_name: "Crimson Wine Group, Ltd"
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:20:41.571137+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Crimson Wine Group extends credit agreement deadlines to June 30, 2023 via Fourth Amendment

## Summary
- Revolving Loan Termination Date extended to June 30, 2023.
- Term Revolving Loan Conversion Date and Termination Date also moved to June 30, 2023.
- Borrowers reaffirm all debt obligations and state no default exists.
- Amendment fee waived; all other credit terms remain unchanged.

## SEC filing metadata
- accession: 0001562151-23-000034
- form_type: 8-K
- ticker: CWGL
- cik: 0001562151
- company_name: Crimson Wine Group, Ltd
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000034/0001562151-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000034/cwgl-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562151-23-000034
- JSON: https://secwatch.observer/filing/0001562151-23-000034.json
- Plain text: https://secwatch.observer/filing/0001562151-23-000034.txt

## Key facts
- Material Agreements
  Crimson Wine Group, Ltd amended Fourth Amendment to Credit Agreement with American AgCredit, FLCA (effective 2023-05-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: American AgCredit, FLCA
  - Effective: 2023-05-31
  source text: On May 31, 2023, Crimson Wine Group, Ltd., Pine Ridge Winery, LLC, Chamisal Vineyards, LLC, and Double Canyon Vineyards, LLC (the foregoing, collectively “Borrowers”) entered into the Fourth Amendment to Credit Agreement (the “Fourth Amendment”) with American AgCredit, FLCA (the “Lender”), which amends that certain Credit Agreement dated March 22, 2013 among Borrowers and Lender (as previously amended, the “Credit Agreement”), in order to, among other things, extend the Revolving Loan Termination Date (as defined in the Credit Agreement) to June 30, 2023, extend the Term Revolving Loan Conversion Date (as defined in the Credit Agreement) to June 30, 2023, and extend the Term Revolving Loan Termination Date (as defined in the Credit Agreement) to June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000034/0001562151-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.