Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Holley prepays USD 10 million term loan debt

Holley prepays USD 10 million term loan debt

BitgetBitget2026/09/23 12:35
  • Holley Performance Brands made a voluntary USD 10 million prepayment on its term loan.
  • Total debt repayments reached USD 125 million since September 2023, funded entirely through free cash flow.
  • Debt reduction generated about USD 5 million in annualized net interest savings.
  • Total leverage ratio fell from a peak of 5.67x; year-end target remains below 3.5x.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Holley Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609230835PRIMZONEFULLFEED9831927) on September 23, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks

Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.

智通财经•2026/11/10 05:57