OneWater Marine Extends Term Loan and Floor Plan Credit Facilities to 2027
OneWater Marine Inc. has extended the maturities of its term loan and floor plan credit facilities to 2027, enhancing financial flexibility for growth and acquisitions. The term loan, led by Truist Bank, now matures on July 31, 2027, while the floor plan credit facility, led by Wells Fargo, extends to March 1, 2027, with a financing capacity of up to $497 million. These extensions aim to support OneWater's capital access and strategic initiatives.
OneWater Marine Inc. has announced amendments to extend the maturities of its senior secured term loan facility and its floor plan financing facility. The senior secured term loan facility’s maturity was extended by one year to July 31, 2027, while the floor plan credit facility was extended to March 1, 2027, offering inventory financing capacity of up to $497 million with an additional $38 million in overtrade capacity. The extensions, led by Truist Bank for the term loan and Wells Fargo for the floor plan financing, are intended to provide OneWater continued access to capital and financial flexibility for growth initiatives, working capital management, and strategic acquisitions. Both facilities remain subject to customary covenants. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OneWater Marine Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251119636021) on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
