Brief: MasterCraft Boat Holdings, Units Enter Into Senior Secured Credit Agreement

Mastercraft Boat Holdings

28/06/2021 21:53

June 28 (Reuters) - Mastercraft Boat Holdings Inc  MCFT.O :
    * MASTERCRAFT BOAT HOLDINGS INC -  CO & UNITS ENTERED INTO A
SENIOR SECURED CREDIT AGREEMENT
    * MASTERCRAFT BOAT HOLDINGS INC -  AGREEMENT REPLACES
COMPANY’S
FOURTH AMENDED AND RESTATED CREDIT AGREEMENT, DATED OCTOBER 1,
2018.
    * MASTERCRAFT BOAT -  AGREEMENT PROVIDES CO WITH $160
MILLION
CREDIT FACILITY, CONSISTING OF A $60 MILLION TERM LOAN AND A
$100 MILLION REVOLVING CREDIT FACILITY
    * MASTERCRAFT BOAT -  AGREEMENT WILL MATURE AND ALL
REMAINING
AMOUNTS OUTSTANDING THEREUNDER WILL BE DUE AND PAYABLE JUNE 28,
2026

Further company coverage:  MCFT.O 

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