---
schema_version: "secwatch.filing_event.v1"
accession: "0000793074-26-000159"
form_type: "8-K"
ticker: "WERN"
cik: "0000793074"
company_name: "WERNER ENTERPRISES INC"
filed_at: "2026-10-08T20:05:44+00:00"
generated_at: "2026-10-12T15:29:54.096856+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Werner replaces $1.075B credit facility with $1.1B revolver, borrows $465M at 5.54%

## Summary
- Entered a $1.1B unsecured 2026 Credit Agreement maturing Oct 5, 2031, replacing the $1.075B 2022 facility that was scheduled to mature Dec 20, 2027.
- Borrowed $465M under the new facility at a weighted average rate of 5.54% (SOFR + 1.50%); the 0.10% credit adjustment spread from the 2022 agreement was eliminated.
- Paid off and terminated the 2022 facility, which had $428M outstanding; $431.7M of new borrowings covered the payoff, accrued interest, and fees.
- Total outstanding debt as of Oct 5, 2026 was $840M: $465M revolver plus $375M under the existing Loan Security Agreement; remaining borrowing capacity $603.1M after $31.9M standby LCs.
- Pricing: Base Rate + 0.125%-0.750% or Term SOFR + 1.125%-1.750%; commitment fees 0.125%-0.250%; L/C commission 1.125%-1.750%; $100M letter-of-credit and $100M swingline sublimits unchanged.

## SEC filing metadata
- accession: 0000793074-26-000159
- form_type: 8-K
- ticker: WERN
- cik: 0000793074
- company_name: WERNER ENTERPRISES INC
- filed_at: 2026-10-08T20:05:44+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793074/000079307426000159/0000793074-26-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793074/000079307426000159/wern-20261005.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000793074-26-000159
- JSON: https://secwatch.observer/filing/0000793074-26-000159.json
- Plain text: https://secwatch.observer/filing/0000793074-26-000159.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.