Holley reduces debt by additional $15M

Holley (HLLY) Performance Brands has proactively reduced debt by an additional $15M, bringing total debt repayment since September 2023 to $90M. This highlights the continued impact of the Company’s successful transformation over the last two years, while also reflecting its ongoing commitment to strengthening the balance sheet, enhancing financial flexibility, and positioning for sustainable growth. 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 cumulative since 2023 will drive up to $3.7M in annualized net interest savings.