---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-297566"
form_type: "8-K"
ticker: "PSIX"
cik: "0001137091"
company_name: "POWER SOLUTIONS INTERNATIONAL, INC."
filed_at: "2022-12-02T23:59:59+00:00"
generated_at: "2026-06-21T10:06:01.014473+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Power Solutions extends $50M Weichai shareholder loan to Nov 2023 at SOFR+4.65%

## Summary
- Amended and restated $50M loan from majority stockholder Weichai; maturity extended to Nov 30, 2023.
- Loan fully drawn, incurs interest at SOFR + 4.65% with a floor of 4.65% if SOFR negative.
- Loan subordinated to $130M Standard Chartered revolver, which is also fully borrowed as of Dec 2.
- Company also has $25M drawn under Second Shareholder's Loan and $4.8M under Fourth Shareholder's Loan.
- CEO Dino Xykis expressed appreciation for Weichai's continued support.

## SEC filing metadata
- accession: 0001193125-22-297566
- form_type: 8-K
- ticker: PSIX
- cik: 0001137091
- company_name: POWER SOLUTIONS INTERNATIONAL, INC.
- filed_at: 2022-12-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137091/000119312522297566/0001193125-22-297566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137091/000119312522297566/d431204d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-297566
- JSON: https://secwatch.observer/filing/0001193125-22-297566.json
- Plain text: https://secwatch.observer/filing/0001193125-22-297566.txt

## Key facts
- Material Agreements
  POWER SOLUTIONS INTERNATIONAL, INC. amended Third Shareholder's Loan Agreement with Weichai America Corp. valued at $50 million (effective 2022-11-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Weichai America Corp.
  - Value: $50 million
  - Effective: 2022-11-29
  source text: On November 29, 2022, Power Solutions International, Inc. (the “Company” or “PSI”) amended and restated its $50 million shareholder’s loan agreement (the “Third Shareholder’s Loan Agreement”) with its majority stockholder, Weichai America Corp. (“Weichai”), to extend the loan maturity date to November 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312522297566/0001193125-22-297566-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.