---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-009498"
form_type: "8-K"
ticker: "HLLY"
cik: "0001822928"
company_name: "Holley Inc."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:19:35.764294+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0001437749-24-009498
- form_type: 8-K
- ticker: HLLY
- cik: 0001822928
- company_name: Holley Inc.
- filed_at: 2024-03-27T23:59:59+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/1822928/000143774924009498/0001437749-24-009498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822928/000143774924009498/hlly20240326_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-009498
- JSON: https://secwatch.observer/filing/0001437749-24-009498.json
- Plain text: https://secwatch.observer/filing/0001437749-24-009498.txt

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