Power Solutions International Secures $220 Million Committed Credit Facility
MT newswire2026/09/30 14:24Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:24 AM EDT, 09/30/2026 (MT Newswires) -- Power Solutions International (PSIX) secured a new $220 million committed revolving credit facility, raising its borrowing capacity from $135 million. The new facility matures on Sept. 25, 2029, and replaces its prior facility with Standard Chartered Bank, Power Solutions said Wednesday in a statement. Borrowings bear interest at the applicable term secured overnight financing rate plus 1.8% per annum, down from SOFR plus 2.6% under its prior facility. . Price: 46.97, Change: -0.13, Percent Change: -0.28
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