MarineMax, Inc. announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the company’s liquidity and financial flexibility for the future. “The expansion of our floor plan facility, as provided by the accordion feature of our credit facilities, underscores the success of our growth strategy and the strength of our balance sheet,” said Michael ...
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MarineMax, Inc. (NYSE:HZO), the nation’s largest recreational boat and yacht retailer, announced today that it has expanded its financing facility to provide for borrowings of up to $440 million from the previous limit of $400 million. The expanded facility has a three-year term, expiring in October 2022, and it has two, one-year options to renew, subject to lender approval. Borrowings ...
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MarineMax, Inc. announced today that it has expanded its financing facility to provide for borrowings of up to $400 million from its previous limit of $350 million. The expanded facility has a three-year term, expiring in October 2021, and it has two, one-year options to renew, subject to lender approval, the company reported. Borrowings under the facility are secured primarily ...
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