Camping World Holdings Enters Material Definitive Agreement
Ticker: CWH · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1669779
| Field | Detail |
|---|---|
| Company | Camping World Holdings, INC. (CWH) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $1.400 billion, $65.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financials
Related Tickers: CWH
TL;DR
CWTR inks new deal, filing shows financials.
AI Summary
On December 2, 2024, Camping World Holdings, Inc. entered into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. The company is incorporated in Delaware and its principal executive offices are located at 2 Marriott Drive, Lincolnshire, IL 60069.
Why It Matters
This filing indicates a significant new agreement for Camping World Holdings, which could impact its future financial performance and strategic direction.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent business risks.
Key Players & Entities
- Camping World Holdings, Inc. (company) — Registrant
- December 2, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 2 Marriott Drive, Lincolnshire, IL 60069 (address) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Camping World Holdings, Inc. on December 2, 2024?
The filing states that Camping World Holdings, Inc. entered into a material definitive agreement on December 2, 2024, but the specific details of the agreement are not provided in this summary.
What other information is included in this 8-K filing besides the material definitive agreement?
This 8-K filing also includes financial statements and exhibits related to the material definitive agreement.
When was Camping World Holdings, Inc. incorporated and where are its principal executive offices located?
Camping World Holdings, Inc. was incorporated in Delaware and its principal executive offices are located at 2 Marriott Drive, Lincolnshire, IL 60069.
What is the SEC file number for Camping World Holdings, Inc.?
The SEC file number for Camping World Holdings, Inc. is 001-37908.
What is the IRS Employer Identification Number for Camping World Holdings, Inc.?
The IRS Employer Identification Number for Camping World Holdings, Inc. is 81-1737145.
Filing Stats: 685 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-12-05 16:05:24
Key Financial Figures
- $0.01 — ich registered Class A Common Stock , $0.01 par value per share CWH New York Sto
- $1.400 billion — to, currently comprised of a seven-year $1.400 billion term loan facility (the " Term Loan Fac
- $65.0 million — Term Loan Facility " ) and a five-year $65.0 million revolving credit facility, as amended.
Filing Documents
- cwh-20241202x8k.htm (8-K) — 42KB
- cwh-20241202xex10d1.htm (EX-10.1) — 1463KB
- 0001558370-24-016046.txt ( ) — 1880KB
- cwh-20241202.xsd (EX-101.SCH) — 3KB
- cwh-20241202_lab.xml (EX-101.LAB) — 15KB
- cwh-20241202_pre.xml (EX-101.PRE) — 10KB
- cwh-20241202x8k_htm.xml (XML) — 5KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. As previously disclosed, on June 3, 2021, certain subsidiaries of Camping World Holdings, Inc., CWGS Group, LLC (as borrower) and CWGS, LLC (as parent guarantor), entered into a credit agreement (the " Credit Agreement " ) for a senior secured credit facility (as amended, the Senior Secured Credit Facilities '' ) with Goldman Sachs Bank USA, as administrative agent, and the other lenders party thereto, currently comprised of a seven-year $1.400 billion term loan facility (the " Term Loan Facility " ) and a five-year $65.0 million revolving credit facility, as amended. On December 2, 2024, the parties to the Credit Agreement entered into an amendment to the Credit Agreement (the " Amendment " ) to extend the Initial Revolving Maturity Date from June 3, 2026 to the earlier of (i) ninety-one days prior to the maturity date of the FreedomRoads Floor Plan Credit Agreement maturity date or (ii) March 3, 2028 (the " Revolver Maturity Date " ). The Credit Agreement contains certain restrictive covenants pertaining to, but not limited to, mergers, changes in the nature of the business, acquisitions, additional indebtedness, sales of assets, investments, and the payment of dividends subject to certain limitations and minimum operating covenants. This summary of the Amendment does not purport to be a complete description and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) The following exhibit is filed with this Current Report Exhibit No. Description Exhibit 10.1 Amendment No. 3 to Credit Agreement, dated December 2, 2024, by and among CWGS Enterprises, LLC, as holdings, CWGS Group, LLC, as borrower, the lenders party thereto and Goldman Sachs Bank USA, as administrative agent Exhibit 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CAMPING WORLD HOLDINGS, INC. By: /s/ Thomas E. Kirn Name: Thomas E. Kirn Title: Chief Financial Officer Date: December 5, 2024