---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-027089"
form_type: "8-K"
ticker: "HLLY"
cik: "0001822928"
company_name: "Holley Inc."
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T07:02:12.504264+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Holley pays down $25M of first lien term loan; $14M repurchased at discount

## Summary
- Paid down $25M principal on first lien term loan facility using cash on hand.
- $14M repurchased at a discount to par; $11M voluntary prepayment.
- Year-to-date cash flow improved significantly with focus on operational excellence.
- CFO states paydown positions company comfortably below amended covenant ranges.
- Accretive to earnings; aligns with commitment to delever balance sheet.

## SEC filing metadata
- accession: 0001437749-23-027089
- form_type: 8-K
- ticker: HLLY
- cik: 0001822928
- company_name: Holley Inc.
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822928/000143774923027089/0001437749-23-027089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822928/000143774923027089/hlly20230926_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-027089
- JSON: https://secwatch.observer/filing/0001437749-23-027089.json
- Plain text: https://secwatch.observer/filing/0001437749-23-027089.txt

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