Park-Ohio Holdings Corp. - Common Stock (PKOH)

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on August 15, 2025, to shareholders of record as of the close of business on August 1, 2025.

Park-Ohio Industries, Inc. (the “Company”), a subsidiary of Park-Ohio Holdings Corp. (NASDAQ: PKOH), today announced that it has priced its offering of $350.0 million aggregate principal amount of senior secured notes due 2030 (the “Notes”), subject to market and customary conditions, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes were priced at 99.500% of par and will bear an interest rate of 8.500% per annum. The Notes will be senior obligations of the Company and will be guaranteed, with certain exceptions, by the Company’s existing and future domestic subsidiaries on a senior secured basis. The Notes will be secured by, subject in each case to certain exceptions and permitted liens, (i) a first-priority lien on substantially all of the Company’s and the guarantors’ U.S. equipment (including machinery) (the “Notes Priority Collateral”) and (ii) a second-priority lien (junior to the Company’s revolving credit facility) on substantially all of the Company’s and the guarantors’ U.S. assets not constituting Notes Priority Collateral that secure the revolving credit facility. The Company expects to close the offering of the Notes on July 31, 2025, subject to the satisfaction of customary closing conditions.

Park-Ohio Industries, Inc. (the “Company”), a subsidiary of Park-Ohio Holdings Corp. (NASDAQ: PKOH), today announced that it intends to offer $350.0 million aggregate principal amount of senior secured notes due 2030 (the “Notes”), subject to market and customary conditions, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be senior obligations of the Company and will be guaranteed, with certain exceptions, by the Company’s existing and future domestic subsidiaries on a senior secured basis. The Notes will be secured by, subject in each case to certain exceptions and permitted liens, (i) a first-priority lien on substantially all of the Company’s and the guarantors’ U.S. equipment (including machinery) (the “Notes Priority Collateral”) and (ii) a second-priority lien (junior to the Company’s revolving credit facility) on substantially all of the Company’s and the guarantors’ U.S. assets not constituting Notes Priority Collateral that secure the revolving credit facility. In connection with the offering of the Notes, the Company intends to enter into an amendment to its revolving credit facility in order to, among other things, extend the maturity date to the fifth anniversary from the closing of the amendment (the “Revolving Credit Facility Amendment”).

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced preliminary financial results for the second quarter of 2025.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the first quarter of 2025.

ParkOhio (NASDAQ: PKOH) announces the following webcast:

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on May 16, 2025, to shareholders of record as of the close of business on May 2, 2025.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the fourth quarter and full year 2024.

ParkOhio (NASDAQ: PKOH) announces the following webcast:

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on February 21, 2025, to shareholders of record as of the close of business on February 7, 2025.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the third quarter of 2024.

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on November 29, 2024, to shareholders of record as of the close of business on November 15, 2024.

ParkOhio (NASDAQ: PKOH) announces the following webcast:

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the second quarter of 2024.

ParkOhio (NASDAQ: PKOH) announces the following webcast:

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on August 16, 2024, to shareholders of record as of the close of business on August 2, 2024.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the first quarter of 2024.

ParkOhio (NASDAQ: PKOH) announces the following webcast:

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on May 17, 2024, to shareholders of record as of the close of business on May 3, 2024.

Park-Ohio Holdings Corp (NASDAQ: PKOH) announced today that S&P Global (“S&P”) has upgraded the ratings of Park-Ohio Industries, Inc. (“ParkOhio”), including the issuer credit rating to B from B-, and the issue-level rating on the Company’s $350 million senior unsecured notes to B- from CCC+. S&P noted that the upgrades and stable outlook reflect improved operating performance in 2023, and their view that PKOH will continue to improve profitability, generate positive free operating cash flow and continue deleveraging over the next 12 months.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the fourth quarter and full year 2023.

ParkOhio (NASDAQ: PKOH) announces the following webcast:

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on February 23, 2024, to shareholders of record as of the close of business on February 9, 2024.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) (the “Company”) today announced that it has successfully completed the divestiture of its Aluminum Products business (the “divested business”) to Angstrom Automotive Group (the “Buyer”), effective December 29, 2023, for approximately $50 million in cash and promissory notes, plus the assumption of approximately $3 million of finance lease obligations by the Buyer. The Company previously announced that the divested business met the held-for-sale and discontinued operations accounting criteria.

Park-Ohio Holdings Corp. (NASDAQ: PKOH) announced today that Moody’s Investors Service, Inc. (“Moody’s”) has upgraded the ratings of ParkOhio Industries, Inc. (“ParkOhio”), including the Corporate Family Rating (“CFR”) to B2 from B3, and the Senior Unsecured Rating to Caa1 from Caa2.