Friedman Industries Extends Credit Agreement with JPMorgan Chase, Maturity Date Now Set for August 2026

Reuters

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Friedman Industries Extends Credit Agreement with JPMorgan Chase, Maturity Date Now Set for August 2026

Friedman Industries, Inc. has announced an amendment to its existing credit agreement, originally dated May 19, 2021, with JPMorgan Chase Bank, N.A. and other lenders. The Fourth Amendment, signed on May 6, 2025, extends the maturity date of the agreement to August 19, 2026. This development reflects the company's ongoing financial strategy and provides additional time for financial planning and obligations. The details of this amendment will be included in the company's upcoming Annual Report on Form 10-K for the period ending March 31, 2025, which will be filed with the Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Friedman Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-015820), on May 09, 2025, and is solely responsible for the information contained therein.

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The Fourth Amendment, signed on May 6, 2025, extends the maturity date of the agreement to August 19, 2026. This development reflects the company's ongoing financial strategy and provides additional time for financial planning and obligations. The details of this amendment will be included in the company's upcoming Annual Report on Form 10-K for the period ending March 31, 2025, which will be filed with the Securities and Exchange Commission.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001437749-25-015820), on May 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0208291251.USD","symbol_name":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250509:nNDL1LtCgT:1","article_id":"2534657466","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534657466","pubTimestamp":1746823147,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Friedman Industries, Inc. has announced an amendment to its existing credit agreement, originally dated May 19, 2021, with JPMorgan Chase Bank, N.A. and other lenders. 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