Power Solutions International Announces Amendment and Extension of Its $55 Million Senior Notes
POWER SOLUTIONS INTL INC (PSIX)
US:NASDAQ Investor Relations:
investors.psiengines.com
Company Research
Source: GlobeNewswire
WOOD DALE, Ill., April 19, 2018 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. ("the Company") (OTC Pink:PSIX), a leader in the design, engineering and manufacture of emissions-certified, alternative-fuel power systems, announced the completion of an amendment to the indenture governing its $55 Million 6.50% Senior Notes maturing January 1, 2019 (“Senior Notes”). Among other items, the amendment to the indenture extends the maturity of the Senior Notes to January 1, 2020 and increases the interest rate to 7.50% on October 1, 2018, subject to certain terms as described in the agreement. John Miller, chief executive officer and president, commented, “We appreciate the support of our Senior Note lender, who has been a valued partner to PSI since the inception of our relationship. In combination with the recently announced changes to our credit facility with Wells Fargo, this amendment solidifies our capital structure and positions us to execute on our long term business plan
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- Power Solutions International to Feature Products with Baudouin During Middle East Energy Show [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Power Solutions International to Feature Products with Baudouin During Middle East Energy ShowGlobeNewswire
- Power Solutions International's new website now online [Yahoo! Finance]Yahoo! Finance
- Power Solutions International's new website now online [Financial Post (Toronto, Ontario, Canada)]Financial Post
PSIX
Sec Filings
- 3/28/24 - Form 8-K
- 3/28/24 - Form 3
- 3/26/24 - Form 4
- PSIX's page on the SEC website