Gander Mountain expands credit facility to $275 million

By Sara Rosenberg

New York, Sept. 27 - Gander Mountain Co. increased its credit facility to $275 million from $225 million, using the accordion feature that was contained in the agreement, according to a company news release.

The accordion feature allows the company to increase the facility to up to $300 million.

Fleet Retail Group LLC is the lead bank on the deal.

Gander Mountain is a Saint Paul, Minn.-based provider of products and services for hunting, fishing, camping and boating.

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