Pabst Maker City Brewing Seeks Cash Boost, Weighs Restructuring

City Brewing Co., which makes alcoholic drinks such as White Claw and Pabst Blue Ribbon, is seeking a new loan to boost cash while it explores a potential restructuring that could include a bankruptcy filing, according to people with knowledge of the matter.

The La Crosse, Wisconsin-based brewer is in talks with some of its lenders for a roughly $50 million loan that would shore up the company’s cash reserves as it struggles with lower demand, said the people, who asked not to identified discussing a private matter. Negotiations are ongoing and no final decision has been made, the ...