MOTORCAR PARTS OF AMERICA INC — Form 10-Q
Filed August 10, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
Motorcar Parts executed a Ninth Amendment to its revolving credit, term loan and security agreement dated August 6, 2026 with PNC Bank (Agent) and syndicate lenders (Webster Bank, Bank Hapoalim, Cathay Bank, Israel Discount Bank). The amendment modified the loan agreement, required execution of intellectual property security documents, Mexican collateral filings for Motorcar Mexico and EPICQ MX entities, and extended various post-closing obligations (due 90 days post-effective date). Specific dollar amounts, fee details, and modification terms are not disclosed in this exhibit—only the structural changes and procedural requirements are stated.
Why this rating
Administrative amendment to existing $238.6M revolving facility. Standard covenant refinements, collateral perfection, and post-closing compliance items. No material change to credit terms, borrowing capacity, or financial covenants disclosed. Routine facility housekeeping relative to company scale.
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