OneWater Marine Inc. filed a Form 8-K on November 12, 2026, disclosing that on November 10, 2026, the company entered into two separate credit facility amendments, extending maturity dates and modifying borrowing terms.

Key Highlights

  • Credit Agreement Extended: Amendment No. 8 to the Amended and Restated Credit Agreement modifies the maturity date to July 31, 2029.
  • Inventory Facility Extended: The Fifth Amendment to the Inventory Financing Agreement sets a new termination date of March 1, 2029.
  • Borrowing Capacity Increased: The maximum borrowing capacity under the Inventory Financing Agreement was increased by $50.0 million to $547.1 million.
  • Overtrade Capacity Removed: The Fifth Amendment removes $38.7 million in availability for overtrade capacity.
  • Interest Rate Adjustments: Amendment No. 8 includes adjustments to applicable interest rates, along with modifications to the repayment schedule and certain repayment dates and amounts.
  • Key Counterparties: Truist Bank serves as Administrative Agent for the credit agreement; Wells Fargo Commercial Distribution Finance, LLC acts as Agent for the inventory financing agreement.

OneWater Marine Amends Term Loan and Floor Plan Facilities

According to the filing, OneWater Marine Inc. (NASDAQ:ONEW) executed two credit facility amendments on November 10, 2026. The first, Amendment No. 8 to the Amended and Restated Credit Agreement, involves One Water Assets & Operations LLC, One Water Marine Holdings, LLC, OneWater Marine Inc. and certain of its subsidiaries, the lenders party thereto, and Truist Bank as Administrative Agent. The amendment modifies certain definitions, covenants, terms and conditions; extends the maturity date to July 31, 2029; modifies the repayment schedule and certain repayment dates and amounts; and makes adjustments to applicable interest rates.

The second amendment, the Consent and Fifth Amendment to the Eighth Amended and Restated Inventory Financing Agreement, was entered into with Wells Fargo Commercial Distribution Finance, LLC as Agent. The company disclosed that this amendment modifies certain definitions, covenants, terms and conditions; moves the termination date to March 1, 2029; increases the maximum borrowing capacity by $50.0 million to $547.1 million; and removes the $38.7 million in availability for overtrade capacity.

The filing also noted, under Item 7.01 Regulation FD Disclosure, that the company issued a press release on November 10, 2026, announcing the extension of its term loan and floor plan credit facilities. The filing states that the information furnished under Item 7.01, including the press release as Exhibit 99.1, "shall not be deemed to be 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934." The 8-K was signed by Jack Ezzell, Chief Operating Officer and Chief Financial Officer, on November 12, 2026.

What Was Disclosed

OneWater Marine reported two credit facility amendments dated November 10, 2026, extending its term loan maturity to July 31, 2029 and its inventory facility termination to March 1, 2029, while increasing maximum inventory borrowing capacity by $50.0 million to $547.1 million.