---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-002498"
form_type: "8-K"
ticker: "FEIM"
cik: "0000039020"
company_name: "FREQUENCY ELECTRONICS INC"
filed_at: "2026-06-12T20:35:35+00:00"
generated_at: "2026-06-12T20:54:41.519065+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Frequency Electronics enters $10M revolving credit facility with JPMorgan Chase

## Summary
- Three-year $10M revolving credit facility with JPMorgan Chase, maturing June 12, 2029.
- Up to $5M available for letters of credit; optional increase up to $10M additional.
- Loans priced at CB Floating Rate (Prime Rate or 2.5% floor) + 2.5% or SOFR + 2.5%.
- Covenants: total leverage ratio ≤2.25:1, fixed charge coverage ratio ≥1.25:1.
- Facility secured by all assets of Frequency and subsidiary FEI-Zyfer; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001185185-26-002498
- form_type: 8-K
- ticker: FEIM
- cik: 0000039020
- company_name: FREQUENCY ELECTRONICS INC
- filed_at: 2026-06-12T20:35:35+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39020/000118518526002498/0001185185-26-002498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39020/000118518526002498/feim8k061226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-002498
- JSON: https://secwatch.observer/filing/0001185185-26-002498.json
- Plain text: https://secwatch.observer/filing/0001185185-26-002498.txt

## Key facts
- Debt Financings
  FREQUENCY ELECTRONICS INC incurred revolving credit of $10,000,000 with JPMorgan Chase Bank, N.A. at SOFR plus 2.50% maturing June 12, 2029.
  - Instrument: revolving credit
  - Principal: $10,000,000
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR plus 2.50%
  - Maturity: June 12, 2029
  - Event: incurrence
  source text: revolving credit facility with JPMorgan Chase Bank, N.A., as the lender (the “Credit Agreement”). The Credit Agreement provides for a three-year revolving credit facility of $10,000,000, of which up to $5,000,000 is available for the issuance of letters of credit. The Credit Agreement provides that the Company may, at its option, increase the aggregate amount of
  evidence_url: https://www.sec.gov/Archives/edgar/data/39020/000118518526002498/0001185185-26-002498-index.htm
- Material Agreements
  FREQUENCY ELECTRONICS INC entered into Credit Agreement with JPMorgan Chase Bank, N.A. valued at $10,000,000 (effective 2026-06-12).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $10,000,000
  - Effective: 2026-06-12
  source text: On June 12, 2026, Frequency Electronics, Inc. (the “Company”) entered into a senior, secured revolving credit facility with JPMorgan Chase Bank, N.A., as the lender (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/39020/000118518526002498/0001185185-26-002498-index.htm

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