Trailer Life's Parent Affinity Announces $144 Million Financing Deal

March 3, 2010
Filed under Trailer News

Affinity, the nation’s largest provider of outdoor recreation clubs, services, media and
events and parent company of Trailer Life magazine, has announced that it has completed the
refinancing of its senior bank debt. Affinity has entered into a new $144 million loan
agreement that allows the company to restructure its existing debt, which was set to mature
on March 31. “We’re very pleased with this direction and the stability it gives Affinity as
we grow our core business to new heights,” said Mike Schneider, CEO of Affinity. “As we
begin to exit a major financial downturn, this financing puts us in a strong position to
capitalize on new revenue growth opportunities and continue our commitment to leadership in
the outdoor recreation marketplace.” A multimedia company, Affinity is well-known for
managing several membership clubs including the Good Sam Club, the world’s largest RV owner’s organization. Affinity
also operates numerous consumer and business Web sites, publications, including MotorHome
magazine, and shows for RV, powersports, marine and outdoor enthusiasts. The Ventura,
Calif.-based company also owns Camping World, the largest aftermarket retailer in the RV industry with
more than 75 locations throughout the United States. Moelis & Company acted as
exclusive financial advisor and sole placement agent to Affinity in connection with the
refinancing. For more information, visit

Print Friendly


Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!

Get a FREE issue of Trailer Life Magazine

Sign up for your trial subscription and you'll receive a FREE issue. If you like Trailer Life, pay just $17.97 for 11 more issues (12 in all). Otherwise, write "cancel" on the invoice, return it and owe nothing.

Terms of Use | Privacy Policy

© 2016 Good Sam Enterprises, LLC. All Rights Reserved.