Friedman Industries Expands Credit Facility to $140 Million with JPMorgan Chase
Friedman Industries Inc. has entered into a Sixth Amendment to its Amended and Restated Credit Agreement with Century Metals & Supplies, LLC, various lenders, and JPMorgan Chase Bank, N.A. as administrative agent. The amendment, dated December 9, 2025, increases the aggregate commitments under the credit agreement from $125 million to $140 million, makes certain conforming changes to threshold amounts, and modifies the definition of "Eligible Accounts." The full text of the amendment will be filed as an exhibit to the company's upcoming quarterly report.
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