Winnebago to repay term loan in full with note proceeds

By Sara Rosenberg

New York, June 30 – Winnebago Industries Inc. plans to repay its term loan in full using about $253.5 million of the proceeds from a $300 million senior secured note offering, according to a news release.

The remainder of note proceeds will be used for general corporate purposes and to pay related fees and expenses.

Winnebago is a Forest City, Iowa-based manufacturer of outdoor lifestyle products.

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