Public Event Detail
Frequency Electronics Secures $10 Million Revolver With JPMorgan; Pledges Assets as Collateral
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2026-06-12JPMJPMorgan ChaseAlpha Vantage Newsalpha_vantage_news
Event summary
Frequency Electronics has secured a senior secured revolving credit facility worth $10 million with JPMorgan Chase Bank, maturing on June 12, 2029. This facility is intended to support general corporate purposes and working capital, with an option to increase commitments by up to $10 million. Additionally, the company and its subsidiary, FEI-Zyfer, have pledged substantially all their assets as collateral for the agreement.
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