Drew Industries, a supplier of components for the recreational vehicle and adjacent industries, replaced its existing $100 million credit facility with a new five-year $200 million revolving credit facility.

The company had no borrowings under the prior facility at the closing of the refinancing.

JPMorgan Chase and Wells Fargo led the refinancing. Bank of America Merrill Lynch and 1st Source Bank are also participating in this facility, which contains a feature allowing the company to draw up to $50 million of the borrowing capacity in approved foreign currencies, including Australian Dollars, Canadian Dollars, Pound Sterling and Euros. The new facility can also be expanded by a further $125 million to a total size of $325 million.

“We are excited to continue and expand our credit relationship with our long time lending partners and to begin working with Bank of America Merrill Lynch and 1st Source Bank,” said David M. Smith, CFO. “This new agreement, with its expanded capacity, multi-currency feature and improved financial terms provides the Company with a platform to use its financial strength to continue to seek out and capitalize on growth opportunities.”