L.b. foster company completes successful amendment to its revolving credit agreement

Pittsburgh, june 30, 2025 (globe newswire) -- l.b. foster company (nasdaq: fstr), a global technology solutions provider of products and services for the rail and infrastructure markets (the “company”), today announced that on june 27, 2025, it entered into a fifth amended and restated credit agreement (the “credit agreement”) to, among other considerations, extend the facility maturity date to june 27, 2030, increase borrowing capacity to $150 million, improve pricing, and provide a more accommodating covenant package with fewer corporate finance transaction restrictions. the credit agreement is available for working capital financing, capital expenditures, issuance of letters of credit, permitted acquisitions, and general corporate purposes.
FSTR Ratings Summary
FSTR Quant Ranking