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HLLYBullishCorporate Developmentsnews

High materiality7/10

Holley accelerates deleveraging with $10m prepayment, targeting sub-3x leverage

Sep 23, 2026, 8:44 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Clear deleveraging progress and sizable interest savings improve credit metrics and cash flow, supporting higher valuation multiples and optionality for strategic actions.

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What happened, with direct paths to the underlying reporting

Holley announced a $10 million prepayment on its term loan, bringing total debt repaid to $125 million since Sept 2023, funded entirely by free cash flow. The company aims to reduce leverage to below 3.5x by year-end and roughly 3.0x in the long term, supported by roughly $5 million of annualized net interest savings and enhanced financial flexibility for potential M&A or buybacks.

Holley prepaid $10m toward term loan; total debt repaid $125m since 9/2023.
Leverage down from 5.67x; year-end target below 3.5x, long-term ~3.0x.
$125m debt reductions yield about $5m annualized net interest savings.
CFO highlights disciplined capital allocation: reduce leverage, accretive M&A, opportunistic buybacks.
Forward-looking statements warn of risks to hitting leverage targets and acquisitions.

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