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Park-Ohio Holdings Issues $350M Senior Secured Notes

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Park-Ohio Holdings Issues $350M Senior Secured Notes

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Park-Ohio Holdings ( (PKOH) ) has provided an update.

On July 31, 2025, Park-Ohio Industries, a subsidiary of Park-Ohio Holdings, issued $350 million in Senior Secured Notes due 2030, bearing an interest rate of 8.500% per annum. This issuance, governed by an indenture with Computershare Trust Company, aims to secure the company’s financial positioning by leveraging U.S. equipment and assets as collateral, while also outlining specific covenants and redemption terms to manage financial risks and obligations.

Spark’s Take on PKOH Stock

According to Spark, TipRanks’ AI Analyst, PKOH is a Neutral.

Park-Ohio Holdings presents a balanced but challenging outlook. The most significant factor is its financial performance, which shows stability yet highlights risks due to high leverage and cash flow challenges. The technical analysis indicates bearish sentiment, while valuation metrics suggest the stock may be undervalued. Despite mixed earnings call sentiment and positive corporate events, the overall score reflects the need for strategic improvements to address financial and operational challenges.

To see Spark’s full report on PKOH stock, click here.

More about Park-Ohio Holdings

Park-Ohio Holdings Corp. operates in the industrial sector, focusing on providing supply chain management outsourcing, capital equipment, and manufactured products. The company serves a diverse range of markets, including automotive, aerospace, and industrial equipment industries.

Average Trading Volume: 30,625

Technical Sentiment Signal: Sell

Current Market Cap: $240.6M

See more insights into PKOH stock on TipRanks’ Stock Analysis page.

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