Power solutions international announces extension to credit agreement

Wood dale, ill., march 30, 2023 (globe newswire) -- power solutions international, inc. (the “company” or “psi”) amended its $130 million uncommitted senior secured revolving credit agreement (the “third amended and restated credit agreement”), with standard chartered bank as administrative agent (“standard chartered”), and the lenders party thereto from time to time. the third amended and restated credit agreement extends the maturity date of loans outstanding under its previous credit facility to the earlier of march 22, 2024 or the demand of standard chartered. the third amended and restated credit agreement is fully drawn as of the date of this release.
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