---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-206328"
form_type: "8-K"
ticker: "AP"
cik: "0000006176"
company_name: "AMPCO PITTSBURGH CORP"
filed_at: "2021-07-01T23:59:59+00:00"
generated_at: "2026-06-30T08:14:45.808512+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ampco-Pittsburgh closes $100M asset-backed revolver with $30M accordion

## Summary
- Entered into $100M five-year senior secured asset-backed revolving credit facility, maturing June 29, 2026.
- Facility includes a $30M accordion feature, allowing increase to $130M with lender approval.
- Interest rates at LIBOR + 2.00-2.50% or base rate + 1.00-1.50%; sublimits for LCs ($40M) and European borrowings ($30M).
- Borrowers include Air & Liquid Systems, Union Electric Steel, Akers National Roll, and others; PNC Bank remains administrative agent.
- CFO says facility provides increased liquidity, greater flexibility, and lower cost, supporting market recovery and growth plans.

## SEC filing metadata
- accession: 0001193125-21-206328
- form_type: 8-K
- ticker: AP
- cik: 0000006176
- company_name: AMPCO PITTSBURGH CORP
- filed_at: 2021-07-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6176/000119312521206328/0001193125-21-206328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6176/000119312521206328/d198690d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-206328
- JSON: https://secwatch.observer/filing/0001193125-21-206328.json
- Plain text: https://secwatch.observer/filing/0001193125-21-206328.txt

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