Holley Performance Brands Announces Additional $10M Debt Repayment, Bringing Total Repayments Since September 2023 To $100M

Holley Performance Brands (NYSE:HLLY) a leader in automotive aftermarket performance solutions, today announced another proactive debt reduction by an additional $10 million, bringing total repayments since September 2023 to $100 million. This continued progress underscores the lasting impact of the successful transformation over the past two years and reflects a steadfast commitment to strengthen the balance sheet, increase financial flexibility, and position the business for long-term, sustainable growth.

"This second voluntary debt repayment is a clear example that the transformation we embarked on more than two years ago is working," said Jesse Weaver, Chief Financial Officer of Holley Performance Brands. "It reflects our disciplined operations, strong cash flow generation, and sustained momentum across our core business. With a continued focus on creating shareholder value, we're strengthening our balance sheet and reinforcing investor confidence."



The most recent paydown was executed through opportunistic repurchases of its first lien term loan facility at a discount, funded entirely with free cash flow. Holley estimates these prepayments, cumulative, since 2023, will drive up to $4 million in annualized net interest savings.