CIBC U.S. Asset Based Lending Provides Senior Credit Facility to Facilitate an ESOP Conversion for World’s Finest Chocolate
November 19, 2025
Source: CIBC U.S. Asset Based Lending
CIBC U.S. Asset Based Lending is pleased to announce the closing of an upsized credit facility to further support and strengthen long-term client, World’s Finest Chocolate Inc., and its conversion from a family-owned business to a partial ESOP, as well as provide working capital to fuel the continuing growth of the business and a comprehensive suite of banking services.
Since 1939, the Opler family has led World’s Finest Chocolate with a commitment to crafting chocolate that uplifts communities, supports schools, and brings people together. Each year, the company helps over 17,000 schools nationwide reach their fundraising goals. Since pioneering product fundraising in 1949, World’s Finest Chocolate has helped fundraising partners raise over $4.7 billion dollars. In addition to fundraising products, World’s Finest is proud to make Queen Anne® cordial cherries and an extensive selection of chocolate gift items.
At CIBC, our U.S. Asset-based Lending team specializes in crafting financing solutions specifically for middle-market business owners and executives, and our private equity partners. We provide creative and flexible senior credit facilities that include revolving lines of credit and term loans from $10,000,000 to $75,000,000 primarily related to acquisitions, recapitalizations, refinances, and turnarounds, while also delivering a powerful array of banking products and services through CIBC Bank USA.
Since 1939, the Opler family has led World’s Finest Chocolate with a commitment to crafting chocolate that uplifts communities, supports schools, and brings people together. Each year, the company helps over 17,000 schools nationwide reach their fundraising goals. Since pioneering product fundraising in 1949, World’s Finest Chocolate has helped fundraising partners raise over $4.7 billion dollars. In addition to fundraising products, World’s Finest is proud to make Queen Anne® cordial cherries and an extensive selection of chocolate gift items.
At CIBC, our U.S. Asset-based Lending team specializes in crafting financing solutions specifically for middle-market business owners and executives, and our private equity partners. We provide creative and flexible senior credit facilities that include revolving lines of credit and term loans from $10,000,000 to $75,000,000 primarily related to acquisitions, recapitalizations, refinances, and turnarounds, while also delivering a powerful array of banking products and services through CIBC Bank USA.
