---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-049916"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2023-09-26T23:59:59+00:00"
generated_at: "2026-06-10T08:33:33.524903+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FreightCar America extends credit facility to Oct 2024, ups revolver to $45M

## Summary
- Maturity extended from Oct 8, 2023 to Oct 31, 2024.
- Maximum revolving facility increased by $10M to $45.0M.
- Mandatory prepayment required if consolidated cash exceeds $10M during specified quarter-end periods.
- Standby letter of credit expiry amended to November 15, 2024.

## SEC filing metadata
- accession: 0000950170-23-049916
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2023-09-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320854/000095017023049916/0000950170-23-049916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000095017023049916/rail-20230921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-049916
- JSON: https://secwatch.observer/filing/0000950170-23-049916.json
- Plain text: https://secwatch.observer/filing/0000950170-23-049916.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023049916/0000950170-23-049916-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023049916/0000950170-23-049916-index.htm

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