Holley Performance Brands announced the successful amendment of its senior secured revolving credit facility, effective December 4, 2024. This amendment was a direct result of the company's operational improvements and recent credit upgrades.
The amendment establishes a covenant-lite capital structure, which provides Holley with greater financial flexibility. This move reflects a strengthened balance sheet and improved financial health, as recognized by rating agencies.
The enhanced capital structure supports Holley's ongoing strategic transformation and its ability to navigate the automotive aftermarket landscape. This development is a positive indicator of the company's financial management and stability.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.