March 15, 2018 / 8:07 PM / 2 years ago

BRIEF-Camping World Holdings - CWGS Group, Unit Of Co Announced Its Intention To Initiate A Syndication Process

March 15 (Reuters) - Camping World Holdings Inc:

* CAMPING WORLD HOLDINGS INC - ‍ON MARCH 14, 2018, CWGS GROUP, LLC, UNIT OF CO ANNOUNCED ITS INTENTION TO INITIATE A SYNDICATION PROCESS - SEC FILING​

* CAMPING WORLD HOLDINGS - THE SYNDICATION PROCESS WITH RESPECT TO EXISTING TERM LOAN FACILITY TO INCREASE FACILITY BY $250.0 MILLION TO $1.19 BILLION

* CAMPING WORLD HOLDINGS-SYNDICATION PROCESS AS WELL AS TO SEEK TO REDUCE APPLICABLE MARGIN FOR LONDON INTERBANK OFFERED RATE LOANS UNDER FACILITY​

* CAMPING WORLD HOLDINGS-PROCEEDS FROM INCREMENTAL ADD-ON TO EXISTING TERM LOAN FACILITY ARE EXPECTED TO BE USED TO FUND FUTURE DEALERSHIP ACQUISITIONS​ Source text (bit.ly/2FT2I7D) Further company coverage: (Reuters.Brief@thomsonreuters.com)

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