Sportsman's Warehouse Secures $45 Million Term Loan to Strengthen its Balance Sheet and Enhance Liquidity
Sportsman’s Warehouse(SPWH) GlobeNewswire News Room·2024-08-02 04:05
WEST JORDAN, Utah, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. ("Sportsman's Warehouse" or the "Company") (Nasdaq: SPWH) announced today that it has secured a $45 million term loan with a syndicate of premier financial institutions, strengthening the Company's balance sheet and overall liquidity. With the addition of the $45 million term loan, the Company's total borrowing capacity, which includes its revolving credit facility is now $395 million, subject to borrowing base calcula ...