SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 22, 2002 THE CHALONE WINE GROUP, LTD. ____________________________ (Exact name of registrant as specified in its charter) California 0-13406 94-1696731 ________________________________________________________________________________ (State or other jurisdiction (Commission (I.R.S Employer of incorporation) File Number) Identification No.) 621 Airpark Road Napa, California 94558 ____________________________________________________________ (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (707) 254-4200 ITEM 5. OTHER EVENTS In the Company's Form 10-K for the nine-month transition period ended December 31, 2001, the Company disclosed that its revolving bank loan would expire March 31, 2002 and that the Company was in negotiation with its bank to renew the borrowing arrangement for an additional three years. On April 22, 2002, the Company finalized the borrowing arrangement with its bank. The Company's revolving bank loan expired March 31, 2002 and two extensions were provided extending the maturity date to April 30, 2002. The borrowing arrangement with its bank involves (1) a $55 million revolving credit facility secured first by inventory and accounts receivable and second by substantially all of the Company's fixed assets (other than certain specified assets), and (2) a $17.5 million term loan secured first by a security interest in certain of the Company's fixed assets (other than certain specified assets) and second by the Company's inventory and accounts receivable, each on a pari passu basis with the holders of the Company's $30 million previously unsecured senior notes issued in September 2000 (the "Notes"). In connection with the finalization, the Company amended certain of the provisions applicable to the Notes. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 26, 2002 The Chalone Wine Group, Ltd. (Registrant) By: /s/ SHAWN CONROY BLOM _______________________ Shawn Conroy Blom Chief Financial Officer