{"schema_version":"secwatch.filing_event.v1","accession":"0000352825-21-000054","form_type":"8-K","ticker":"FSTR","cik":"0000352825","company_name":"FOSTER L B CO","filed_at":"2021-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.360831+00:00","generated_at":"2026-06-29T10:35:58.745050+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"L.B. Foster expands revolving credit facility to $130M, extends maturity to 2026, reduces borrowing cost by ~200 bps","bullets":["New $130M revolver (up from $115M) matures Aug 13, 2026; incremental feature allows up to $50M additional.","Borrowing cost reduced by ~200 basis points; base rate and LIBOR spreads range 0.25%-1.25% and 1.25%-2.25%.","Covenant package: max gross leverage 3.25x (3.50x during acquisition period), min fixed charge coverage >1.05x.","Facility available for working capital, capex, LCs, acquisitions, general corporate; secured by substantially all assets.","Five-bank syndicate led by PNC Bank; CEO cites increased financial flexibility for growth opportunities."],"urls":{"canonical":"https://secwatch.observer/filing/0000352825-21-000054","json":"https://secwatch.observer/filing/0000352825-21-000054.json","markdown":"https://secwatch.observer/filing/0000352825-21-000054.md","text":"https://secwatch.observer/filing/0000352825-21-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/352825/000035282521000054/0000352825-21-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/352825/000035282521000054/fstr-20210816.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T10:35:58.745050+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}