Thor Industries pays down all ABL credit facility, some of term loan

By Sarah Lizee

Olympia, Wash., June 10 – Thor Industries, Inc. has paid down all $100 million outstanding on its asset-based credit facility and about $155 million of its term loan, according to a press release.

The debt was incurred to finance the company’s acquisition of Erwin Hymer Group, which was completed at the start of the third quarter.

Thor Industries is an Elkhart, Ind.-based manufacturer of recreational vehicles.

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