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SIFCO Industries ( (SIF) ) has issued an update.
On October 17, 2024, SIFCO Industries, Inc. and its subsidiary Quality Aluminum Forge secured a new three-year, $20 million revolving credit facility and a $3 million term loan from Siena Lending Group. This new agreement, which also includes a $2.5 million letter of credit subfacility, replaces the previous credit facility with JP Morgan Chase Bank, streamlining the company’s financial structure.
Find detailed analytics on SIF stock on TipRanks’ Stock Analysis page.