secwatch.observer — SEC 8-K summary
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Issuer:     FreightCar America, Inc. (RAIL)
CIK:        0001320854
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001171843-22-001508
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320854/000117184322001508/0001171843-22-001508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320854/000117184322001508/f8k_030122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-001508

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer