#United States #Greenwich #Silver Point Capital #Southeastern Grocers #Winn-Dixie

Silver Point Capital Leads Southeastern Grocers Refinancing

On October 21, 2025, Silver Point Capital, an established global leader in credit investing, announced the completion of a significant refinancing deal aimed at supporting Southeastern Grocers, LLC (SEG) in its ongoing transformation efforts. The deal, which involves a $200 million senior secured facility, positions SEG for greater operational efficiency and growth, particularly under the well-respected Winn-Dixie brand.

Strategic Partnership and Vision

Silver Point Capital's Direct Lending division took the initiative to lead this recapitalization. This partnership reflects Silver Point's commitment to providing constructive capital solutions tailored to the unique needs of middle-market companies. The Head of Direct Lending, Anthony DiNello, shared, “We are pleased to partner with Southeastern Grocers and its owners to provide a constructive capital solution that enables the company to advance its transformation and invest in the long-established Winn-Dixie banner with a renewed focus in Florida.” This statement underscores Silver Point's strategic approach to fostering long-term partnerships that drive growth.

About Southeastern Grocers

Southeastern Grocers operates the Winn-Dixie chain, along with its other brand, Harveys Supermarket. The company has established a strong presence in the grocery sector, primarily focusing on Florida, where it plans to enhance its service offerings. With a portfolio that will include around 130 grocery stores along with an additional 140 liquor stores, the company is poised for an exciting period of growth and transformation. The acquisition of this latest credit facility replaces the previous one used during the procurement of assets from ALDI, indicating a deliberate step towards modernization and refinement of its business strategy.

SEG positions itself as an omnichannel retailer, blending brick-and-mortar stores with online grocery delivery services, catering to evolving consumer preferences. By leveraging its historical strengths and community ties, SEG is committed to providing quality products and customer-centric services across its local markets.

Silver Point Capital’s Role and Expertise

Founded in 2002, Silver Point Capital has become a prominent name in the credit investing space, managing over $41 billion in assets across varied investment strategies. The firm emphasizes customized financing solutions and works closely with borrowers to meet diverse capital needs. Its Direct Lending operations alone account for more than $16 billion in investable assets, highlighting its robust capability to facilitate complex transactions like the one with Southeastern Grocers.

With an experienced team of over 350 professionals, Silver Point is designed to handle a range of funding requirements, from acquisitions to growth capital and refinancing efforts. Their commitment to providing timely and effective solutions is demonstrated by their proactive involvement in the SEG refinancing.

Looking Ahead

The partnership between Silver Point Capital and Southeastern Grocers is poised to revitalize the Winn-Dixie brand as it charts a new course focused on modernization and expansion in Florida. As SEG continues to transform, it aims to enhance operational efficiency and improve customer experiences, thus securing its position in a competitive marketplace. For consumers, these developments promise increasing access to quality products and services from a brand with deep-rooted community ties.

For more information about Southeastern Grocers or Silver Point Capital, please visit their respective websites at www.segrocers.com and www.silverpointcapital.com.