Sportsman's Warehouse Secures $45 Million Term Loan to Strengthen its Balance Sheet and Enhance Liquidity
SPWHSportsman’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 45milliontermloanwithasyndicateofpremierfinancialinstitutions,strengtheningtheCompanysbalancesheetandoverallliquidity.Withtheadditionofthe45 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 ...