05:16 PM EDT, 06/30/2025 (MT Newswires) -- L. B. Foster ( FSTR ) increased the borrowing capacity in a revolving credit agreement to $150 million from $130 million and extended the maturity to June 27, 2030.
The amendment includes a $60 million incremental loan feature, the company said Monday in a statement.
The amended facility improves pricing and offers a more flexible covenant package with fewer restrictions on corporate finance transactions, the company said.
The facility is available for working capital financing, capital expenditures, acquisitions and general corporate purposes.