Power Solutions International Secures $135 Million Long-Term Credit Facility to Fuel Strategic Growth

Reuters
08/11
Power Solutions International Secures $135 Million Long-Term Credit Facility to Fuel Strategic Growth

Power Solutions International, Inc. $(PSI.AU)$ has announced a significant advancement in its financial strategy with the amendment of its Uncommitted Revolving Credit Agreement with Standard Chartered Bank and other participating lenders. As of July 30, 2025, the amendment boosts PSI's committed borrowing capacity to $135 million, providing enhanced flexibility to support its strategic growth and innovation efforts. The agreement, now extended through July 30, 2027, carries an interest rate tied to the Secured Overnight Financing Rate $(SOFR)$ plus 2.10% per annum, with a potential increase to SOFR plus 2.60% if Weichai America Corp.'s ownership falls below 50%. The deal is secured by the assets of PSI and its subsidiaries, ensuring a solid financial foundation for the coming years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Solutions International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9509898-en) on August 11, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10