---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-22-002938"
form_type: "8-K"
ticker: "RXO"
cik: "0001929561"
company_name: "RXO, Inc."
filed_at: "2022-10-18T23:59:59+00:00"
generated_at: "2026-06-23T03:06:22.715332+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RXO enters $600M in credit facilities ($500M revolver, $100M term loan) ahead of spin-off from XPO

## Summary
- Revolving credit agreement: $500M unsecured multicurrency facility, 5-year term, with $50M letter of credit sublimit.
- Term loan agreement: $100M unsecured facility, 5-year term, single draw at spin-off closing, quarterly amortization starting Q1 2025.
- Proceeds used for general corporate purposes, including acquisitions, and term loan funds distribution to XPO.
- Both facilities include financial covenants: max consolidated leverage ratio and min interest coverage ratio.
- Guarantees from wholly-owned domestic subsidiaries, released if RXO achieves certain credit ratings.

## SEC filing metadata
- accession: 0000950142-22-002938
- form_type: 8-K
- ticker: RXO
- cik: 0001929561
- company_name: RXO, Inc.
- filed_at: 2022-10-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1929561/000095014222002938/0000950142-22-002938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1929561/000095014222002938/eh220296532_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-22-002938
- JSON: https://secwatch.observer/filing/0000950142-22-002938.json
- Plain text: https://secwatch.observer/filing/0000950142-22-002938.txt

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