debt
confidence high
sentiment positive
materiality 0.35
Friedman Industries increases credit facility by $15M to $140M via Sixth Amendment
FRIEDMAN INDUSTRIES INC
- Aggregate commitments under A&R Credit Agreement raised from $125M to $140M.
- Amendment modifies threshold amounts and definition of Eligible Accounts.
- Borrowers are Friedman Industries and Century Metals & Supplies, LLC.
- JPMorgan Chase Bank remains administrative agent under the amended facility.