OneWater Marine extends term loan and floor plan facility to 2029
ONEW•OneWater Marine extended its senior secured term loan and floor plan financing facilities by two years. Floor plan inventory financing capacity increased by $50 million to up to $547 million.
1. Facilities extended
OneWater Marine extended its senior secured term loan and floor plan financing facilities by two years. The Truist Bank-led term loan now matures July 31, 2029, and the Wells Fargo-led floor plan facility now matures March 1, 2029; floor plan inventory financing capacity rose by $50 million to up to $547 million.
