RF Industries Ltd. has announced an amendment to its existing Loan and Security Agreement with Eclipse Business Capital LLC and other lenders. The Second Amendment, signed on November 5, 2025, extends the maturity date of the company's revolving credit facility to March 15, 2029, lowers the minimum outstanding principal requirement to $4 million, and reduces the loan's interest rate. The interest rate will now be determined based on a quarterly pricing grid linked to the company's financial metrics, including Average Excess Availability and Fixed Charge Coverage Ratio. The agreement involves RF Industries and its subsidiaries as borrowers.
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. RF Industries Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-033641), on November 06, 2025, and is solely responsible for the information contained therein.
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