Park-Ohio Holdings Corp. announced that it has amended and restated its existing revolving credit facility. The amendment was effective on September 13, 2023 and extends the scheduled maturity date from November 26, 2024 to September 13, 2028 (or, if earlier, the date that is 91 days prior to the scheduled maturity of the Company?s 2017 Senior Notes).

The amended facility, combined with free cash flow of $30-$40 million expected in 2023, enhances strong liquidity foundation that will support current requirements and future growth strategy.