Motorcar Parts of America (MPA) increased its revolving credit facility by $20 million to $120 million, with corresponding changes to certain thresholds. PNC Bank agented the transaction.

The second amendment amends the definition of consolidated EBITDA to allow for pro forma EBITDA to be included when EBITDA is calculated in connection with potential permitted acquisitions and certain Dispositions and allow certain add-backs related to customer payments and the overall expansion of operations in Mexico. It amends the definition of fixed charge coverage Ratio to include certain customer payments; reduces the fixed charge coverage ratio covenant from 1.1 to 1.05 for the fiscal year ending March 31, 2017 and modifies certain other baskets and thresholds, to, among other things, further accommodate the expansion of operations in Mexico.

Torrance, CA-based MPA produces replacement starters, alternators, wheel hub assemblies, bearings and master cylinders.