Holley prepays $15M debt, cumulative $115M since 2023; targets leverage below 3.5x

Holley Inc.

Voluntary $15M prepayment of first lien term loan; total debt reduction $115M since Sep 2023.
Expected annualized interest savings of $4.5M from cumulative debt reduction.
Net leverage targeted below 3.5x by year-end, down from peak of 5.67x.
Prepayment funded entirely with free cash flow; part of three-pronged capital allocation framework.
CFO Jesse Weaver cites disciplined capital allocation: reduce leverage, M&A, return capital.

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