Financing ·
Friedman Industries entered into a Seventh Amendment to its Amended and Restated Credit Agreement on September 3, 2026
FRDFriedman Industries Inc
Friedman Industries entered into a Seventh Amendment to its Amended and Restated Credit Agreement on September 3, 2026. The amendment increases aggregate commitments under the facility from $140 million to $200 million to align with growth in the underlying borrowing base. This expansion constitutes a material definitive agreement creating a direct financial obligation. Friedman Industries operates in the industrial metals and supplies sector.