Friedman Industries amends credit facility, raising commitments from $140 million to $200 million
Friedman Industries entered into a Seventh Amendment to its A&R Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent, increasing aggregate commitments from $140 million to $200 million. The company said the expansion aligns its credit facility size with growth in the underlying borrowing base.
Key points
- Amendment dated September 3, 2026 increases aggregate commitments from $140 million to $200 million
- Century Metals & Supplies, LLC, a Texas limited liability company, is also a borrower under the agreement
- Original A&R Credit Agreement is dated May 19, 2021; full amendment to be filed with the 10-Q for the quarter ending September 30, 2026
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.