---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-080563"
form_type: "8-K"
ticker: "PSIX"
cik: "0001137091"
company_name: "POWER SOLUTIONS INTERNATIONAL, INC."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:45:52.152701+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Power Solutions extends $130M credit facility and $30M shareholder loan to 2025

## Summary
- Fourth Amended Credit Agreement extends maturity to March 21, 2025 or demand; $50M outstanding, no scheduled principal payments.
- $30M shareholder loan from Weichai America Corp. extended to March 31, 2025; $19.8M drawn as of March 22.
- Two other Weichai loans ($25M due May 20, 2024; $50M due Nov 30, 2024) remain fully drawn; company intends to negotiate extensions.
- Borrowings bear interest at SOFR + 3.45% (credit facility) and SOFR + 4.05% (shareholder loan); covenants include minimum EBITDA and interest coverage.

## SEC filing metadata
- accession: 0001193125-24-080563
- form_type: 8-K
- ticker: PSIX
- cik: 0001137091
- company_name: POWER SOLUTIONS INTERNATIONAL, INC.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137091/000119312524080563/0001193125-24-080563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137091/000119312524080563/d811155d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-080563
- JSON: https://secwatch.observer/filing/0001193125-24-080563.json
- Plain text: https://secwatch.observer/filing/0001193125-24-080563.txt

## Key facts
- Debt Financings
  POWER SOLUTIONS INTERNATIONAL, INC. amended loan of $30 million with Weichai America Corp. at SOFR plus 4.05% per annum maturing March 31, 2025.
  - Instrument: loan
  - Principal: $30 million
  - Counterparty: Weichai America Corp.
  - Rate: SOFR plus 4.05% per annum
  - Maturity: March 31, 2025
  - Event: amendment
  source text: The shareholder’s loan agreement providing the Company with a $30 million subordinated loan at the discretion of Weichai at an annual interest rate equal to SOFR plus 4.05% per annum (the “$30 Million Second Amended and Restated Shareholder’s Loan Agreement”) was amended to extend the maturity date from March 31, 2024 to March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312524080563/0001193125-24-080563-index.htm
- Material Agreements
  POWER SOLUTIONS INTERNATIONAL, INC. amended Fourth Amended and Restated Credit Agreement with Standard Chartered Bank, as administrative agent, and the lenders party thereto valued at $130 million (effective 2024-03-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Standard Chartered Bank, as administrative agent, and the lenders party thereto
  - Value: $130 million
  - Effective: 2024-03-22
  source text: On March 22, 2024, Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312524080563/0001193125-24-080563-index.htm
- Material Agreements
  POWER SOLUTIONS INTERNATIONAL, INC. amended $30 Million Second Amended and Restated Shareholder’s Loan Agreement with Weichai America Corp. valued at $30 million (effective 2024-03-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Weichai America Corp.
  - Value: $30 million
  - Effective: 2024-03-22
  source text: The shareholder’s loan agreement providing the Company with a $30 million subordinated loan at the discretion of Weichai at an annual interest rate equal to SOFR plus 4.05% per annum (the “$30 Million Second Amended and Restated Shareholder’s Loan Agreement”) was amended to extend the maturity date from March 31, 2024 to March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312524080563/0001193125-24-080563-index.htm
- Material Agreements
  POWER SOLUTIONS INTERNATIONAL, INC. terminated a credit facility with Weichai America Corp. valued at $130.0 million (effective 2024-03-24).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Weichai America Corp.
  - Value: $130.0 million
  - Effective: 2024-03-24
  source text: The Company and Weichai agreed not to renew the first shareholder’s loan agreement, which expired on March 24, 2024, providing the Company with a $130.0 million subordinated loan
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312524080563/0001193125-24-080563-index.htm

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