C.H. Robinson Increases Revolving Credit Facility to $1.25 Billion
Bitget2026/11/04 21:34- C.H. Robinson on Nov. 2, 2026, increased revolving commitments from $1 billion to $1.25 billion with lenders led by U.S. Bank.
- The amendment extends the revolving credit facility's maturity to Oct. 31, 2031, from Nov. 19, 2027.
- Accordion capacity rises from $500 million to $625 million; the letter of credit sublimit increases from $50 million to $150 million.
- Interest margins remain at 0.75%-1.38%; commitment fees stay at 0.07%-0.15%, based on credit ratings.
- Permitted leverage holidays increase from two to three, with one automatically triggered upon completion of the RXO acquisition.
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