Winnebago Industries, Inc. Announces Upsize and Early Results for Cash Tender Offer for 6.25% Senior Secured Notes Due 2028

Core Viewpoint - Winnebago Industries, Inc. is increasing the maximum aggregate principal amount of its cash tender offer for its 6.250% Senior Secured Notes due 2028 from $75 million to$100 million, reflecting strong interest from noteholders [1][5]. Group 1: Tender Offer Details - The cash tender offer aims to purchase the 6.250% Senior Secured Notes due 2028, with an initial cap of $75 million now raised to$100 million [1]. - As of the Early Tender Date on February 14, 2025, a total of $243,886,000 of the Notes has been validly tendered, representing 81.30% of the outstanding amount [2][3]. - The Company will prorate the accepted principal amount of the Notes due to the oversubscription beyond the Tender Cap [5]. Group 2: Settlement Information - The early settlement date for the accepted Notes is set for February 20, 2025, with holders receiving accrued and unpaid interest up to that date [6]. Group 3: Company Overview - Winnebago Industries, Inc. is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [9].