Power Solutions International Increases Credit Facility to $135 Million

Reported 1 day ago

Power Solutions International, Inc. (NASDAQ:PSIX) has enhanced its borrowing capacity to $135 million under a new amendment to its credit agreement with Standard Chartered Bank. This extension of the credit facility, now valid until July 30, 2027, comes after the company repaid its previous loans and shows its financial stability and profitability over recent years. PSIX designs and manufactures emission-certified engines for various industries.

Source: YAHOO

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