secwatch.observer — SEC 8-K summary
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Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0000950170-22-016833
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017022016833/0000950170-22-016833-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017022016833/rlgt-20220805.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-016833

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