debt
confidence high
sentiment positive
materiality 0.55
Holley repays $15M on term loan, total debt reduction $90M since Sep 2023
Holley Inc.
- Repaid $15M on first lien term loan via opportunistic repurchases at a discount, funded with free cash flow.
- Total debt reduction since Sep 2023 reaches $90M; expects leverage ratio at or below 4.0x by year-end.
- Cumulative repayments expected to drive up to $3.7M in annualized net interest savings.
- CFO Jesse Weaver says milestone reflects operational excellence and strong free cash flow generation.
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