Malibu Boats completed the refinancing of its credit facility, with its subsidiary entering into a new agreement with Truist Bank, as administrative agent, on July 10, 2026 that replaces its prior agreement, dated July 8, 2022.
The refinancing modifies the existing credit facility to include several key updates:
- New Term Loan Facility: The company added a new term loan facility of $100 million to its financing structure, alongside a revolving credit facility of $250 million, together replacing the existing $350 million revolving facility.
- Extended Maturity: The maturity date of the credit facility has been extended from July 2027 to July 2031.
- Incremental Capacity: The company retains the ability to request incremental term or revolving commitments, providing continued flexibility to support future growth.
“The size, terms and pricing of this refinancing reflect the financial position we’ve built through the cycle,” David Black, chief financial officer of Malibu Boats, said. “The facility gives us the flexibility to keep investing in the business, pursue disciplined growth opportunities and return capital to shareholders. We appreciate the continued support of Truist and our bank group.”
