---
schema_version: "secwatch.filing_event.v1"
accession: "0000090168-23-000066"
form_type: "8-K"
ticker: "SIF"
cik: "0000090168"
company_name: "SIFCO INDUSTRIES INC"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:57:53.055420+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SIFCO enters Eighth Amendment to Credit Agreement, reduces borrowing base reserves to $1.5M

## Summary
- Reserves under Borrowing Base reduced to $1,500,000, may be further lowered at Lender's sole discretion.
- Borrowing base advance rates unchanged: 85% of eligible accounts, lesser of 70% of inventory or 85% of NOLV percentage.
- Company and Quality Aluminum Forge reaffirm representations and warranties; no default after amendment.
- Amendment dated November 8, 2023, with JPMorgan Chase as Lender.

## SEC filing metadata
- accession: 0000090168-23-000066
- form_type: 8-K
- ticker: SIF
- cik: 0000090168
- company_name: SIFCO INDUSTRIES INC
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90168/000009016823000066/0000090168-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90168/000009016823000066/sif-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000090168-23-000066
- JSON: https://secwatch.observer/filing/0000090168-23-000066.json
- Plain text: https://secwatch.observer/filing/0000090168-23-000066.txt

## Key facts
- Material Agreements
  SIFCO INDUSTRIES INC amended Eighth Amendment with JPMorgan Chase Bank, N.A. (effective 2023-11-08).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Effective: 2023-11-08
  source text: On November 8, 2023, SIFCO Industries, Inc. (the “Company”) and certain of its subsidiaries (collectively, the “borrowers”) entered into the Eighth Amendment (the “Eighth Amendment”) to the Credit Agreement (as previously amended, the “Credit Agreement”), with JPMorgan Chase Bank, N.A., a national banking association (the “Lender”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/90168/000009016823000066/0000090168-23-000066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.