Lazydays Holdings Inc. Boosts Liquidity with Strategic Divestitures and Debt Reduction

Reuters

06-18

<a href="https://laohu8.com/S/GORV">Lazydays</a> Holdings Inc. Boosts Liquidity with Strategic Divestitures and Debt Reduction

Lazydays Holdings Inc. has announced liquidity enhancing transactions aimed at generating $14 million in liquidity and reducing non-floorplan indebtedness by $15 million. The company has executed amendments and waivers with its credit facility lender syndicate, led by M&T Bank, and its mortgage lender, an affiliate of Coliseum Capital Management. This move is part of Lazydays' strategy to strengthen its balance sheet and support long-term stability. The transaction involves the divestiture of several non-core dealerships, including locations in Mesa, AZ, Fort Pierce, FL, and Longmont, CO, with a forthcoming closure in Las Vegas, NV. CEO Ron Fleming expressed satisfaction with the agreements, emphasizing the focus on revitalizing core dealership operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lazydays Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY12680) on June 17, 2025, and is solely responsible for the information contained therein.

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Boosts Liquidity with Strategic Divestitures and Debt Reduction\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-18 05:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/GORV\">Lazydays</a> Holdings Inc. Boosts Liquidity with Strategic Divestitures and Debt Reduction\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Lazydays Holdings Inc. has announced liquidity enhancing transactions aimed at generating $14 million in liquidity and reducing non-floorplan indebtedness by $15 million. The company has executed amendments and waivers with its credit facility lender syndicate, led by M&amp;T Bank, and its mortgage lender, an affiliate of Coliseum Capital Management. This move is part of Lazydays' strategy to strengthen its balance sheet and support long-term stability. The transaction involves the divestiture of several non-core dealerships, including locations in Mesa, AZ, Fort Pierce, FL, and Longmont, CO, with a forthcoming closure in Las Vegas, NV. 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ID: NY12680) on June 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4214","symbol_name":"汽車零售","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nNDL24pfg6:1","article_id":"2544913305","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544913305","pubTimestamp":1750194335,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Lazydays Holdings Inc. has announced liquidity enhancing transactions aimed at generating $14 million in liquidity and reducing non-floorplan indebtedness by $15 million. 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Boosts Liquidity with Strategic Divestitures and Debt Reduction\n    \n\n        Lazydays Holdings Inc. has announced liquidity enhancing transactions aimed at generating $14 million in liquidity and reducing non-floorplan indebtedness by $15 million. The company has executed amendments and waivers with its credit facility lender syndicate, led by M&T Bank, and its mortgage lender, an affiliate of Coliseum Capital Management. This move is part of Lazydays' strategy to strengthen its balance sheet and support long-term stability. The transaction involves the divestiture of several non-core dealerships, including locations in Mesa, AZ, Fort Pierce, FL, and Longmont, CO, with a forthcoming closure in Las Vegas, NV. CEO Ron Fleming expressed satisfaction with the agreements, emphasizing the focus on revitalizing core dealership operations.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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