Holley pays down additional $25M of term loan; total $50M since Sep 2023

Holley Inc.

Paid $25M principal on first lien term loan in Nov/Dec 2023 via discounted repurchases using cash on hand.
Combined with $25M paydown in Sep 2023, total debt reduction of $50M since September 2023.
Estimated annualized net interest savings of $2M from the aggregate $50M paydown.
Company reaffirms commitment to further leverage reduction over next 12 months.

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