Camping World Holdings to Refinance Senior Secured Credit Facilities, Discloses Acquisition of Boat-N-RV Superstore
10:03 AM EDT, 05/12/2021 (MT Newswires) -- Camping World Holdings (CWH), a retailer of recreational vehicles, or RVs, said Wednesday it plans to refinance its senior secured credit facilities.
Specifically, it plans to refinance its senior secured term loan facility and increase the capacity of its revolving credit facility and extend the latter's maturity date. The transaction is expected to complete later this month.
Separately, the company announced the acquisition of Boat-N-RV Superstore in Ridgeland, S.C., for an undisclosed amount.
The facility, which will open for consumers in the next several weeks, will transition to the Gander RV and Outdoors brand and include new and used recreational vehicles from top manufacturers as well as RV and outdoor products and accessories.
The facility will also showcase watersports, marine, fishing and boating products and accessories from the Overton's brand, according to a statement.
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