OneWater Marine Inc. announced the extension of its senior secured term loan facility and floor plan financing facility.
The term loan facility maturity was extended to July 31, 2027, while the floor plan credit facility maturity was extended to March 1, 2027.
These extensions provide the company with continued access to capital and flexibility for growth initiatives and strategic acquisitions.
Maturity Extensions
Term loan and floor plan credit facilities extended by one year each.
Financing Capacity
Floor plan credit facility offers up to $497 million inventory financing.
Strategic Growth
Flexibility gained to support growth initiatives and pursue acquisitions.
- Extending the financing facilities showcases OneWater's financial strength and demonstrates confidence in its strategy.
- The extended access to capital will enable investments in dealership network expansion and drive growth initiatives.
The extensions of the financing facilities position OneWater Marine Inc. for sustained growth and strategic expansion in the marine retail sector.