Gander Mountain Company announced that it has expanded its credit facility with Fleet Retail Group, LLC, a Bank of America company. The facility was increased from $225 million to $275 million as permitted under the terms of the agreement, which was signed in February 2005. Subject to certain terms and conditions, the facility may eventually be increased to $300 million.
“Fleet Retail Group is a strong partner that understands our business and growth,” said Mark Baker, president and CEO. “We look forward to continuing this long-term relationship.”
