{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-002119","form_type":"8-K","ticker":"RAIL","cik":"0001320854","company_name":"FreightCar America, Inc.","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.285293+00:00","generated_at":"2026-05-28T09:57:34.226112+00:00","sec_items":["1.01","2.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FreightCar America closes $115M term loan, redeems Series C Preferred Stock from PIMCO","bullets":["Borrowed $115M under new Term Loan Agreement with Blue Torch Finance LLC; maturity Dec 31, 2028.","Proceeds of $113.3M used to redeem all outstanding Series C Preferred Stock at $1,000/share, including $27.9M accrued dividends.","Prior Siena Lending Group loan and PIMCO Reimbursement Agreement repaid in full and terminated.","Interest at Term SOFR + 6.00% (floor 3.00%) or base rate + 5.00%; covenants include max net leverage and min liquidity.","PIMCO, beneficial owner of 47.4% of common stock, redeemed its Series C Preferred."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-002119","json":"https://secwatch.observer/filing/0000950170-25-002119.json","markdown":"https://secwatch.observer/filing/0000950170-25-002119.md","text":"https://secwatch.observer/filing/0000950170-25-002119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320854/000095017025002119/0000950170-25-002119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320854/000095017025002119/rail-20241231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T09:57:34.226112+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"}