Holley pays down additional $15M on first lien term loan; total $65M prepaid since Sep 2023

Holley Inc.

$15M principal reduction completed in March 2024 via opportunistic repurchases at a discount to par using cash on hand.
Combined with $50M paydown in 2023, total prepayments of $65M since September 2023.
Estimated annualized net interest savings of $2.5M from the cumulative prepayments.
CFO Jesse Weaver cites continued focus on reducing leverage and improving balance sheet using strong free cash flow.

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