Power Solutions International Announces Extension to Credit Agreement [Financial Post (Toronto, Ontario, Canada)]
POWER SOLUTIONS INTL INC (PSIX)
US:NASDAQ Investor Relations:
investors.psiengines.com
Company Research
Source: Financial Post
WOOD DALE, Ill., March 28, 2024 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time. The Fourth Amended and Restated Credit Agreement extends the maturity date of loans outstanding under its previous credit facility to the earlier of March 21, 2025 or the demand of Standard Chartered. The Fourth Amended and Restated Credit Agreement has an outstanding principal balance of $50 million with no principal payments scheduled as of the date of this release. Article content The Fourth Amended and Restated Credit Agreement is subject to customary events of default and covenants, including minimum consolidated EBITDA and Consolidated Interest Coverage Ratio covenants for the second and third quarters of 202
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News
- Power Solutions International to Feature Products with Baudouin During Middle East Energy Show [Yahoo! Finance]Yahoo! Finance
- 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