UPDATE 1-Auto parts maker Holley emerges from Chapter 11


WILMINGTON, Del., June 28 (Reuters) - Holley Performance Products Inc said on Monday it emerged from Chapter 11 bankruptcy for the second time in three years after transferring ownership of the company to holders of its debt. The maker of high-performance carburetors, fuel pumps and fuel injection systems cut its debt by nearly $60 million and arranged new credit agreements with existing senior lenders that bolstered its liquidity. The bankruptcy does not change the company's ownership ...

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