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.
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