Ampco-Pittsburgh Corporation Secures Amended $113.5 Million Credit Facility to Enhance Liquidity and Flexibility

Reuters

Jul 01, 2025

Ampco-Pittsburgh Corporation Secures Amended $113.5 Million Credit Facility to Enhance Liquidity and Flexibility

Ampco-Pittsburgh Corporation has announced the closing of an amended and restated credit facility, which includes a $100 million, five-year asset-backed revolving line of credit and a $13.5 million term loan. The term loan proceeds were used to reduce borrowings on the revolving portion of the facility at closing. PNC Capital Markets LLC and F.N.B. Capital Markets served as Joint Lead Arrangers, with First National Bank of Pennsylvania as Lender and Syndication Agent, and S&T Bank also serving as a Lender. PNC Bank, National Association, will continue as Agent for the Credit Facility. The facility has been structured to provide increased lending capacity and flexibility to support the corporation's global working capital requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ampco-Pittsburgh Corporation published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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Ampco-Pittsburgh Corporation published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDL4yBwj7:1","article_id":"2548175290","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548175290","pubTimestamp":1751312898,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ampco-Pittsburgh Corporation has announced the closing of an amended and restated credit facility, which includes a $100 million, five-year asset-backed revolving line of credit and a $13.5 million term loan. 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Ampco-Pittsburgh Corporation published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}