RideNow Group, Inc. Announces $220 Million Senior Secured Term Loan Refinancing; In Advanced Discussions for $50 Million Asset Backed Lending (ABL) Facility
RideNow Group (RDNW) secured a $220M senior secured term loan with Centerbridge Partners, extending debt maturity to 2031. The company is also in advanced talks for a $50M asset-backed lending facility with Wells Fargo, aiming to optimize its capital structure. Proceeds may partially pay down the term loan. RideNow is a powersports dealership group.



