FreightCar America ups revolving credit facility to $35M from $20M with Siena Lending

FreightCar America, Inc.

Maximum Revolving Facility Amount increased to $35.0 million from $20.0 million under First Amendment dated Feb 23, 2022.
Revolving Loans bear interest at Base Rate plus 2%; Excess Availability loans at Base Rate plus 1.5%.
Amendment modifies Amended and Restated Loan and Security Agreement with Siena Lending Group LLC.
Borrowing limited to lesser of $35M cap and Borrowing Base; other Loan Limits apply.

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