Radiant Logistics secures new $200M revolving credit facility, replacing $150M prior facility

RADIANT LOGISTICS, INC

New $200M syndicated secured revolving credit facility (plus $75M accordion) replaces existing $150M facility; five-year term.
Borrowings at Base rate +0.50% or SOFR +1.40%, adjustable based on leverage; max consolidated net leverage ratio 3.0x, min interest coverage 1.0x.
Trailing twelve months adjusted EBITDA of $69.5M on $1.3B revenue as of March 31, 2022; leverage ratio stood at 1.0x.
Concurrent amendments to Fiera Private Debt Fund IV/V term loans align financial covenants with new facility; liens remain pari passu.
Funds available for acquisitions, capex, and potential common stock repurchases.

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