---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-120097"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:52:04.741427+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FreightCar America extends Siena loan maturity to Dec 31, 2024; revolver cut to $20M

## Summary
- Maturity of Siena Lending Group credit facility extended from Oct 31, 2024 to Dec 31, 2024.
- Maximum revolving facility amount reduced from $45M to $20M.
- Standby letter of credit of $25M (provided by CO Finance LVS VI LLC) removed.
- Accounts advance rate remains 85%; accounts sublimit set at $20M.
- Amendment avoids imminent maturity default but significantly reduces available borrowing capacity.

## SEC filing metadata
- accession: 0000950170-24-120097
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/1320854/000095017024120097/0000950170-24-120097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000095017024120097/rail-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-120097
- JSON: https://secwatch.observer/filing/0000950170-24-120097.json
- Plain text: https://secwatch.observer/filing/0000950170-24-120097.txt

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