Camping World Holdings Inc. announced plans to issue a $300 million add-on to its senior secured term loan to fund the acquisition and development of RV dealerships and service centers.
The terms of the proposed incremental term loan will be disclosed upon the completion of the transaction, which is expected to occur later this month.
The proposed transaction is subject to the occurrence of the effectiveness of definitive documentation as well as customary closing conditions and is subject to market and other conditions. There can be no assurance that the incremental term loan will occur, or, if it does, the terms of the incremental term loan.
The company has over 185 locations in 40 states across Camping World, and sister company Gander RV.
Photo courtesy Camping World/Gander RV
