Holley Performance Brands Makes $10 Million Debt Prepayment

Holley Performance Brands announced a voluntary $10 million prepayment toward its term loan on September 23, 2026. This action brings the company's total debt repayments to $125 million since September 2023, with all payments funded through free cash flow.

The deleveraging strategy has reduced the company's Total Leverage Ratio from a peak of 5.67x. The company is currently targeting a year-end leverage ratio below 3.5x, with a long-term objective of approximately 3.0x. These reductions have generated roughly $5 million in annualized net interest savings.

Chief Financial Officer Jesse Weaver stated that the progress is a result of a three-pronged capital allocation framework. This strategy focuses on reducing leverage, pursuing accretive mergers and acquisitions, and returning capital to shareholders opportunistically.