---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-022260"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T14:57:22.658123+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FreightCar America secures new $35M ABL facility with Bank of America, rates down 35%

## Summary
- New $35 million ABL revolving credit facility with Bank of America, maturity ~4.75 years.
- Interest rate of SOFR + 175 bps, reducing borrowing cost by ~35% vs prior facility.
- Facility to optimize working capital and support growth strategy.
- CFO Michael Riordan says it's part of comprehensive refinancing efforts.

## SEC filing metadata
- accession: 0000950170-25-022260
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320854/000095017025022260/0000950170-25-022260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000095017025022260/rail-20250212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-022260
- JSON: https://secwatch.observer/filing/0000950170-25-022260.json
- Plain text: https://secwatch.observer/filing/0000950170-25-022260.txt

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