Holley Inc. applied $10 million to its first Lien term loan, lifting cumulative Debt repayments since 2023 to $125 million. The reductions generate approximately $5 million in annualized net interest savings, while Holley remains on track for year-end Leverage below 3.5x and maintains a long-term target of approximately 3.0x.

Key Highlights

  • The latest payment brings Holley’s cumulative debt reduction since 2023 to $125 million.
  • The company remains on track for year-end leverage below 3.5x and a long-term target near 3.0x.
  • Holley applied $10 million to its first lien term Loan on September 22, 2026.
  • The company has repaid $125 million since 2023, funded through free cash flow.

It applied $10 million to its first lien term loan on September 22, 2026, extending a debt-reduction programme that has reached $125 million since 2023. Holley (NYSE: HLLY) announced the payment on September 23, 2026.

$10M Applied to

First Lien Term Loan The payment reduced outstanding principal under Holley’s first lien term loan facility. The company said the entire $125 million repaid since 2023 was funded through free cash flow. Holley said it continues to invest in the Business while reducing debt.

Leverage Targets Remain in Focus

Holley said its Total Leverage Ratio has fallen from a peak of 5.67x since the debt-reduction programme began. The company remains on track for its previously communicated year-end target of less than 3.5x. The longer-term objective is a leverage ratio of approximately 3.0x.