Peter Fogarty's Pendulum Capital Pty Ltd has struck a deal with Evans & Tate Ltd's major lender, ANZ Banking Group, to restructure the winemaker's balance sheet and underwrite a $16.7 million non-renounceable rights issue.

Peter Fogarty's Pendulum Capital Pty Ltd has struck a deal with Evans & Tate Ltd's major lender, ANZ Banking Group, to restructure the winemaker's balance sheet and underwrite a $16.7 million non-renounceable rights issue.