Winnebago Industries (NYSE: WGO) entered into a new credit agreement on August 20, 2026, replacing its existing $350 million asset-based lending facility with a refinanced arrangement that extends the maturity date to August 20, 2031.

The Third Amended and Restated Credit Agreement was made among Winnebago Industries, Inc., Winnebago of Indiana, LLC, Grand Design RV, LLC, and Newmar Corporation as borrowers, with JPMorgan Chase Bank, N.A. serving as administrative agent.

The new agreement replaces the Second Amended and Restated Credit Agreement dated July 15, 2022, which had been amended in March 2024. The updated terms include modifications to reporting requirements and covenants.

Borrowings under the facility are secured by liens on substantially all assets of the borrowers and certain subsidiaries. The amount available for borrowing is limited to the lesser of the facility total or a calculated borrowing base tied to eligible accounts receivable and inventories.

Interest on borrowings carries a floating rate with an applicable spread of between 1.25% and 1.75%, plus either term SOFR or REVSOFR30 at the borrowers' election. A commitment fee of 0.25% per annum applies to the average daily unused portion of the facility. The company currently has no outstanding borrowings under the agreement.