secwatch / observer
8-K filed September 26, 2023, 7:59 PM ET ticker RAIL CIK 0001320854
debt confidence high sentiment positive materiality 0.60

FreightCar America, Inc. (RAIL): debt financing — FreightCar America extends credit facility to Oct 2024, ups revolver to $45M

FreightCar America, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

FreightCar America, Inc. amended credit facility of $45.0 million with Siena Lending Group LLC maturing October 31, 2024.

Instrument
credit facility
Principal
$45.0 million
Counterparty
Siena Lending Group LLC
Maturity
October 31, 2024
Event
amendment
Exact text from the filing
The Third Amendment to Amended and Restated Loan and Security Agreement, among other things, (i) extended the scheduled maturity date of the Siena Loan Agreement from October 8, 2023 to October 31, 2024, and (ii) increased the Maximum Revolving Facility Amount by $10.0 million to a total of $45.0 million
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FreightCar America, Inc. amended Third Amendment to Amended and Restated Loan and Security Agreement with Siena Lending Group LLC valued at $45.0 million (effective 2023-09-21).

Action
amendment
Agreement
credit facility
Counterparty
Siena Lending Group LLC
Value
$45.0 million
Effective
2023-09-21
Exact text from the filing
Third Amendment to Amended and Restated Loan and Security Agreement On September 21, 2023, FreightCar North America, LLC (“Borrower” and together with FreightCar America, Inc.
View on SEC.gov

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FreightCar America, Inc. filing history →

Source: SEC EDGAR
accession 0000950170-23-049916
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