Radiant Logistics amends and restates $200 million secured revolving credit facility

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โดย PR Newswire·US·Read original
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Radiant Logistics has completed the syndication of an amended and restated $200 million secured revolving credit facility, replacing its existing $200 million facility that was set to mature in August 2027. The new facility extends the maturity to 2031, reduces pricing with interest at SOFR plus a margin of 137.5 to 212.5 basis points and a commitment fee of 15 to 30 basis points on unused amounts, and increases the accordion feature from $75 million to an additional $100 million for future acquisitions. As of March 31, 2026, the company had $25 million drawn and $39.6 million in cash, resulting in no net debt. BofA Securities, Bank of Montreal, PNC Bank, Keybank, and Bank of America are among the lenders, with Bank of America serving as administrative agent.

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Radiant Logistics Inc
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Radiant Logistics amended and restated its credit facility, extending maturity to 2031, reducing pricing, and increasing accordion for acquisitions.