Holley (HLLY) said Wednesday it has reduced its debt by an additional $15 million through repurchases of its first lien term loan facility at a discount.
The company said total debt repayment since September 2023 has reached $90 million and is expected to drive up to $3.7 million in annualized net interest savings.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.