Motorcar Parts of America Extends Credit Facility With PNC Bank

Motorcar Parts of America Extends Credit Facility With PNC Bank

Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has extended the maturity date of the company’s $238.62 million revolving credit facility led by PNC Bank, N.A., to August 2031. The amended facility includes enhancements that provide working capital flexibility, liquidity and other favorable terms.