fbpx
Connect with us

MarineMax strikes a deal with its lenders

May 21, 2020 - MarineMax says it has greater financial capacity, now that it has amended its $440 million credit facility. The amendment provides additional liquidity to MarineMax and extends the term to May 2023, with two one-year options to renew, subject to lender approval. The agent of the facility is Wells Fargo Commercial Distribution Finance and includes the following lending partners: M&T Bank, Bank of the West and Truist Bank. MarineMax (NYSE: HZO), a Clearwater-based recreational boat and yacht retailer, also said in a news release that  the positive retail activity it reported in April has continued.

More Zaps Frontpage

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us: spark@stpetecatalyst.com

Subscribe for Free

Share with friend

Please enter email address you want to share this article with