Benzinga | Jan 6, 2022 04:17PM EST

FreightCar America Enters Amendment To Existing Financing Agreement, Providing Co. With Additional $15M In Liquidity

CHICAGO, Jan. 06, 2022 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL) ("FreightCar America" or the "Company") today announced that it has entered into an amendment to its existing financing agreement with its current financial partner, providing the Company with an additional $15 million in liquidity in the form of a Delayed Draw Loan. The Company has the option to draw through January 31, 2023, subject to certain conditions.