---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-017021"
form_type: "8-K"
ticker: "FRD"
cik: "0000039092"
company_name: "FRIEDMAN INDUSTRIES INC"
filed_at: "2022-07-13T23:59:59+00:00"
generated_at: "2026-06-24T16:14:52.333594+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries enters $50M ABL Facility amendment with BMO Harris Bank

## Summary
- Entered Third Amendment to A&R Credit Agreement to syndicate ABL facility with BMO Harris Bank.
- New Revolving Note issued to BMO Harris Bank for up to $50 million principal amount.
- Amendment adds covenant requiring Company and subsidiaries to maintain JPMorgan as principal depository bank.
- Existing lenders and JPMorgan remain as administrative agent.

## SEC filing metadata
- accession: 0001437749-22-017021
- form_type: 8-K
- ticker: FRD
- cik: 0000039092
- company_name: FRIEDMAN INDUSTRIES INC
- filed_at: 2022-07-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39092/000143774922017021/0001437749-22-017021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39092/000143774922017021/frd20220712_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-017021
- JSON: https://secwatch.observer/filing/0001437749-22-017021.json
- Plain text: https://secwatch.observer/filing/0001437749-22-017021.txt

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