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 212,000ft² building in Parkesburg, US.
The proposed brewery will have a 200-bpd brewhouse, a 50,000ft² 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 to customize a financing solution that will allow us to successfully grow our business and meet the demand for the Victory brand," Barchet added.
First Niagara regional president Robert Kane said Victory Brewing has both solid business plan and a passion for business.
''As bankers, we know it takes both to thrive in today's competitive business environment," Kane added.
The new facility is expected to be open in 2013 summer.
The US-based Victory Brewing Company produces more than 20 varieties of beers.
