MARINEMAX INC (HZO) Form 8-K — Jun 30, 2026
MarineMax has successfully refinanced approximately $1.49 billion in aggregate senior secured credit facilities, reducing borrowing costs and extending the debt maturity profile to June 2031. The new credit package comprises a $950 million floor plan facility, a $302.5 million term loan, an expanded $150 million revolving credit facility, and an $85 million delayed draw mortgage facility. Interest rates on the facilities range from SOFR plus 1.50% to 3.25%, varying by leverage and facility type. CFO Michael H.
Key figures
- Debt Amount
- $1.49 billion
- Interest Rate
- 1.50% to 3.25% above SOFR
- Maturity Date
- June 2031
- Mortgage facility
- $85 million
- Term loan facility
- $302.5 million
- Floor plan facility
- $950 million
- Revolving credit facility
- $150 million
- Mortgage facility outstanding
- $35 million
Price after filing
Close on the filing date to close N calendar days later (from $36.62). Historical, not a forecast.
AI analysis
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