EDGAR·FLOW

POWER SOLUTIONS INTERNATIONAL, INC. — Form 8-K

Filed September 30, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 28/100
What the filing says
On September 25, 2026, Power Solutions International (PSII) entered into a revolving credit agreement with HSBC as administrative agent and Bank of China and BNP Paribas as Letter of Credit Issuers. The agreement provides a revolving facility (exact commitment amount not stated in excerpt) with a $70M letter of credit sublimit, an Applicable Rate of 1.80% per annum, and an expiration date of September 25, 2029. The facility includes standard financial covenants (Consolidated Leverage Ratio and Interest Coverage Ratio), is fully secured by substantially all assets of the Borrower and its US subsidiaries, and requires compliance with detailed affirmative and negative covenants including restrictions on indebtedness, liens, and certain transactions.
Why this rating

Standard syndicated credit facility refinancing/establishment; routine capital structure management relative to company's $717.9M market cap. No material change disclosed.

View original filing on SEC.gov ↗ PSIX · stock on Yahoo Finance ↗

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