MarineMax, a recreational boat and yacht retailer, completed $1.35 billion in senior secured credit facilities. M&T Bank led the facilities as administrative agent and joint lead arranger, along with Wells Fargo Commercial Distribution Finance as joint lead arranger and floor plan agent.
Wells Fargo Commercial Distribution Finance served as agent to an amendment to MarineMax’s $440 million credit facility, which now has a three-year term. The facility includes M&T Bank, Bank of the West and Truist Bank as lending partners.
MarineMax has expanded its financing facility to provide for borrowings of up to $440 million from the previous limit of $400 million.
Boat and yacht retailer MarineMax expanded its financing facility to provide for borrowing of up to $350 million, up from its previous limit of $300 million. Wells Fargo CDF was the agent for the facility.
MarineMax expanded its financing facility to provide for borrowings of up to $300 million from $260 million. Wells Fargo Commercial Distribution Finance served as agent for the facility.
GE Capital, Commercial Distribution Finance said it extended its financing program with MarineMax through 2018. In addition, CDF said it provided an increase in the facility of $260 million.
GE Capital, Commercial Distribution Finance announced it expanded its inventory financing program with MarineMax. The $235 million facility will allow the company to expand its stocking plans.
MarineMax, a recreational boat retailer, expanded its financing facility to provide for borrowings of up to $235 million. The facility is led by GE Capital Commercial Distribution Finance.
MarineMax said it has expanded its primary financing facility to provide for borrowings of up to $205 million. The facility is led by GE Capital Commercial Distribution Finance and includes M&T Bank and Bank of the West.