Thor Industries, Inc.

NYSE:THO   12:34:34 PM EDT
104.40
-2.48 (-2.32%)
Debt Financing / Related, Mergers / Acquisitions

Thor Announces Acquisition Of Luxury Rv Manufacturer Tiffin Motorhomes

Published: 12/21/2020 11:46 GMT
Thor Industries, Inc. (THO) - Thor Announces Acquisition of Luxury Rv Manufacturer Tiffin Motorhomes.
Thor Industries Inc - Deal for $300 Million.
Thor Industries Inc - Deal Funded With Combination of Available Cash and Draw on Existing Asset-based Credit Facility.
Thor Industries Inc - Anticipate That Abl Borrowings Related to Deal Will Be Repaid by End of Current Fiscal Year.
Thor Industries Inc - Anticipate Further Debt Reductions on Term Loan B Facility During Fiscal Year.