MasterCraft amends credit agreement to permit Aviara Boats asset sale, dissolves units

MasterCraft Boat Holdings, Inc.

Fourth Amendment to $100M revolving credit facility; consents to asset sales of Aviara Boats, Mastercraft Services, and Mastercraft International Sales before Dec 31, 2024.
Borrower prepaid all outstanding Term Loan principal and accrued interest as condition.
Covenant ratio waivers granted for future periods; dissolution of three subsidiaries permitted upon conditions.
Amendment also waives restrictions on name change for Aviara Boats if substantially all assets sold.
Loan parties reaffirm representations; no default exists post-amendment.

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