UCI Holdings Limited designs, develops, manufactures, and distributes vehicle replacement parts. The company offers various filtration products, including oil, air, fuel, transmission, cabin air, fuel dispensing, and hydraulic filters, as well as PCV valves and fuel/water separators. It also provides fuel delivery systems comprising fuel pump assemblies, electric and mechanical fuel pumps, and strainers and kits; cooling products, such as aluminum and cast iron cooling systems, and fan clutches; and vehicle electronics components, including distributor caps and rotors, ignition coils, electronic controls, sensors, emission components, solenoids, switches, voltage regulators, and wire sets. T...
148 Quay Street
Founded in 1958
UCI Holdings Seeks Asset Sales
May 1 15
UCI Holdings Limited is seeking to amend its credit agreements to free up potential asset sales.
UCI Holdings Limited Announces Amendment of Credit Agreement
Apr 30 15
On April 29, 2015, UCI Holdings Limited announced that it is seeking an amendment to the credit agreement governing its senior secured credit facilities to facilitate potential asset sales. The amendment to the credit agreement seeks to amend the asset sale covenant to permit asset sales subject to pro forma compliance with a certain senior secured leverage ratio and permit the addition and release of one or more wholly-owned subsidiaries as borrowers under the credit agreement.
UCI Holdings Limited Provides Earnings Guidance for the Three Months Ended March 31, 2015
Apr 30 15
UCI Holdings Limited provided earnings guidance for the three months ended March 31, 2015. Net sales are expected to be $240 million to $252 million and adjusted EBITDA is expected to be $7 million to $11 million. Estimated Adjusted EBITDA declined for the three months ended March 31, 2015 compared to the three months ended March 31, 2014 primarily due to higher costs and operating inefficiencies related to restructuring efforts and new business wins in the filtration product line.