---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-214756"
form_type: "8-K"
ticker: "PSIX"
cik: "0001137091"
company_name: "POWER SOLUTIONS INTERNATIONAL, INC."
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:02:08.549863+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PSI closes $120M credit facility with Standard Chartered, refinances $100M in debt

## Summary
- New $120M uncommitted senior secured revolving credit facility with Standard Chartered; initial $100M draw.
- Proceeds used to repay $40M prior credit facility and ~$60M in existing Weichai shareholder loans.
- New $105M shareholder loan from Weichai; $35M outstanding as of Sep 4, 2024; subordinated.
- Interest on credit facility = SOFR+2.00%; shareholder loan = SOFR+4.05%; both mature Aug 2025.
- Credit agreement includes minimum EBITDA and interest coverage covenants for Q4 2024 and Q1/Q2 2025.

## SEC filing metadata
- accession: 0001193125-24-214756
- form_type: 8-K
- ticker: PSIX
- cik: 0001137091
- company_name: POWER SOLUTIONS INTERNATIONAL, INC.
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137091/000119312524214756/0001193125-24-214756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137091/000119312524214756/d863479d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-214756
- JSON: https://secwatch.observer/filing/0001193125-24-214756.json
- Plain text: https://secwatch.observer/filing/0001193125-24-214756.txt

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