secwatch / observer
8-K filed June 10, 2026, 4:06 PM ET ticker WERN CIK 0000793074
debt confidence high sentiment neutral materiality 0.50

Werner Enterprises amends receivables facility; maximum funding limit raised to $350M

WERNER ENTERPRISES INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

WERNER ENTERPRISES INC amended Third Amendment to Loan and Security Agreement with Wells Fargo Bank, National Association; GTA Funding LLC; The Toronto-Dominion Bank valued at Amendment No. 3 establishes a maximum funding limit of $350 million in cash proceeds for WRC under t (effective 2026-06-05).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association; GTA Funding LLC; The Toronto-Dominion Bank
Value
Amendment No. 3 establishes a maximum funding limit of $350 million in cash proceeds for WRC under t
Effective
2026-06-05
Exact text from the filing
On June 5, 2026 , Werner Receivables Company, LLC (“WRC”), a wholly-owned subsidiary of Werner Enterprises, Inc. (the “Company”), entered into a third amendment ("Amendment No. 3") to its Loan and Security Agreement, as amended (the "LSA"), as borrower, together with the Company as the servicer, Wells Fargo Bank, National Association as a committed lender and group agent, GTA Funding LLC as a conduit lender, and The Toronto-Dominion Bank (“TD Bank”) as a related committed lender, group agent, and administrative agent.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.92

WERNER ENTERPRISES INC entered into Performance Guaranty Agreement with The Toronto-Dominion Bank valued at Under the Performance Guaranty, the Company provides an unconditional, irrevocable guaranty to the B (effective 2026-06-05).

Action
entry
Agreement
credit facility
Counterparty
The Toronto-Dominion Bank
Value
Under the Performance Guaranty, the Company provides an unconditional, irrevocable guaranty to the B
Effective
2026-06-05
Exact text from the filing
Amendment No. 3 also incorporates language from the Performance Guaranty Agreement (“Performance Guaranty”), dated as of June 5, 2026, between the Company as performance guarantor, and TD Bank as administrative agent for and on behalf of the credit partiers and the other secured parties, from time to time (collectively, the “Beneficiaries”) under the LSA.
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Source: SEC EDGAR
accession 0000793074-26-000120
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