Deal Details
Arctic Cat Completes Debt Financing
Summary
Arctic Cat Inc. (“Arctic Cat” or the “Company”) completed a debt financing (the “Financing”) to refinance its existing debt. The Financing consisted of a senior secured revolving credit facility (the “Facility”). The Company intends to use amounts borrowed under the Facility for ongoing working capital needs and general corporate purposes.
Baird served as the exclusive debt advisor to Arctic Cat Inc.
About
Arctic Cat is a leading designer and manufacturer of snowmobiles, all-terrain vehicles (ATVs) and recreational off-highway vehicles. The Company also provides related parts, garments and accessories. Founded in 1982, Arctic Cat has developed an iconic brand in the powersports industry by delivering the ultimate experience for riders, workers and outdoor enthusiasts around the world. The Company is headquartered in Minneapolis, Minnesota.CONTACT US TO LEARN MORE
- Date
- December 2016
- Company
- Arctic Cat
- Transaction
- Private Capital Markets
- Sectors
-
Consumer
Industrial - Verticals
-
Outdoor Recreation & Sporting Goods
Vehicle Technology & Mobility
- Target Geography
- North America
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