L.B. Foster Increases Borrowing Capacity & Extends Maturity Date

Key Takeaways FSTR extends its revolving credit facility maturity date to June 27, 2030, with improved terms. The amendment raises FSTR's borrowing capacity to $150 million and lowers overall finance costs. FSTR gains more financial flexibility to support growth in Rail Technologies and Precast Concrete platforms.L.B. Foster Company (FSTR) has announced that it entered into a Fifth Amended and Restated Credit Agreement, which includes several key enhancements. This includes, among other things, extending ...