Holley Performance seeks 12¼% noteholder consents

New York, Oct. 17 - Holley Performance Products Inc. (Caa3) said it plans to solicit consent from the holders of its 12¼% senior notes due 2007 to amend the notes' indenture.

It said the proposed amendment would allow Holley to provide certain expanded financial information directly to the noteholders in exchange for elimination of the indenture's current requirement that the company furnish periodic financial information to the Securities and Exchange Commission under the terms of the Exchange Act of 1934.

Holley, a Bowling Green, Ky.-based maker of high-performance carburetors and other automotive engine equipment, did not publicly announce a deadline for the consent solicitation or provide any other details.

Jefferies & Co., Inc. (contact Zul Jamal at 212 284-2054) is the information agent.

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