{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T17:41:18.758935+00:00","company":{"ticker":"FRD","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC"},"pagination":{"limit":100,"returned":7,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"debt_financing","fact_key":"b602e3343e6ba34391f80f3d601015c573acbdc9","cik":39092,"ticker":"FRD","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-12-15T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A.","effective_date":"2025-12-09","event":"amendment","instrument_type":"credit_facility","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$140 million"},"claim":"FRIEDMAN INDUSTRIES INC amended credit facility of $140 million with JPMorgan Chase Bank, N.A..","evidence_excerpt":"increase the aggregate commitments under the A&R Credit Agreement from $125 million to $140 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-25-037861","anchor_url":"https://secwatch.observer/filing/0001437749-25-037861#claim-b602e3343e6ba34391f80f3d601015c573acbdc9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/39092/000143774925037861/0001437749-25-037861-index.htm"},{"fact_type":"debt_financing","fact_key":"ac58e85e98d1cda833c84ae0b757ff3d5d6bb6de","cik":39092,"ticker":"FRD","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-09-03T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as administrative agent","effective_date":"2025-08-29","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"prime rate plus a margin of -1.45% or adjusted Term SOFR plus a margin of 1.55%","item_codes_triggered":["2.03"],"maturity_text":"August 29, 2030","principal_text":"reduce the aggregate commitments under the A&R Credit Agreement from $150 million to $125 million"},"claim":"FRIEDMAN INDUSTRIES INC amended credit facility of reduce the aggregate commitments under the A&R Credit Agreement from $150 million to $125 million with JPMorgan Chase Bank, N.A., as administrative agent at prime rate plus a margin of -1.45% or adjusted Term SOFR plus a margin of 1.55% maturing August 29, 2030.","evidence_excerpt":"Harris Bank N.A. is replaced as a lender under the A&R Credit Agreement with Wells Fargo Bank, N.A., (iii) reduce the aggregate commitments under the A&R Credit Agreement from $150 million to $125 million, (iv) provide for revolving borrowings either at prime rate plus a margin of -1.45% or adjusted Term SOFR plus a margin of 1.55%, (v) extend the maturity date to","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-25-028241","anchor_url":"https://secwatch.observer/filing/0001437749-25-028241#claim-ac58e85e98d1cda833c84ae0b757ff3d5d6bb6de","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/39092/000143774925028241/0001437749-25-028241-index.htm"},{"fact_type":"debt_financing","fact_key":"de2c7027c26b71faf59fff8994614a90325acc29","cik":39092,"ticker":"FRD","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-09-03T23:59:59+00:00","payload":{"counterparty":"Sellers of Century Metals & Supplies, Inc.","effective_date":"2025-08-29","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"five-year maturity date","principal_text":"$3.5 million"},"claim":"FRIEDMAN INDUSTRIES INC incurred senior notes of $3.5 million with Sellers of Century Metals & Supplies, Inc. maturing five-year maturity date.","evidence_excerpt":"a note issued by the 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INC","filed_at":"2025-03-24T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-03-19","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Michael Hanson was appointed as Director at FRIEDMAN INDUSTRIES INC.","evidence_excerpt":"appointed Michael Hanson as a director of the Company to fill such newly created vacancy on March 19, 2025, effective immediately","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-25-008988","anchor_url":"https://secwatch.observer/filing/0001437749-25-008988#claim-010c56f007","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/39092/000143774925008988/0001437749-25-008988-index.htm"}]}