FreedomRoads gets $404.5 million credit facility

By Sara Rosenberg

New York, Aug. 31 - FreedomRoads LLC closed on a new $404.5 million credit facility, according to a company news release.

JPMorgan acted as lead arranger, bookrunner and documentation agent, and Bank of America acted as administrative agent and floor plan agent. Other participants in the deal include KeyBank, Fifth Third Bank, GE Commercial Distribution Finance Corp., Manufacturers & Traders Trust Co., U.S. Bank and Citizens Bank of Pennsylvania.

The facility consists of an amended floor plan facility and a revolver.

Proceeds will be used to support the company's future growth.

FreedomRoads is a Lincolnshire, Ill.-based RV retailer.

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