Power Solutions International, Inc. announced on August 11, 2025, that it entered into a Second Amendment to its existing Uncommitted Revolving Credit Agreement on July 30, 2025. This amendment increases PSI’s committed borrowing capacity to $135.0 million and extends the maturity date to July 30, 2027.
CEO Dino Xykis stated that this milestone affirms the confidence of financial partners in PSI’s operational performance and long-term strategy. The expanded and extended credit facility reinforces the company's robust capital structure, positioning it for sustainable value creation.
CFO Kenneth Li confirmed that with this amendment, along with profitability and positive cash flows, the company concluded it can continue as a going concern for at least twelve months. This led to a $29.2 million increase in net income and stockholders’ equity from the release of a deferred tax asset valuation allowance as of June 30, 2025. Prior to the amendment, PSI paid all outstanding borrowings under the Shareholder’s Loan Agreement.
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