{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-009357","form_type":"8-K","ticker":"ODFL","cik":"0000878927","company_name":"OLD DOMINION FREIGHT LINE, INC.","filed_at":"2023-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.357997+00:00","generated_at":"2026-06-17T19:55:46.727769+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ODFL enters $250M revolving credit facility and extends note purchase shelf to 2026","bullets":["New five-year $250M senior unsecured revolving credit facility with Wells Fargo; may be increased to $400M.","Amends note purchase agreement; issuance period extended to March 22, 2026; $100M Series B notes outstanding.","Interest at SOFR+0.100% plus 1.000-1.375% margin or Base Rate plus 0.000-0.375% based on leverage.","Financial covenants: max debt/total capitalization 0.60:1.00, min fixed charge coverage 2.00:1.00.","Proceeds for working capital, letters of credit, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-009357","json":"https://secwatch.observer/filing/0000950170-23-009357.json","markdown":"https://secwatch.observer/filing/0000950170-23-009357.md","text":"https://secwatch.observer/filing/0000950170-23-009357.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/878927/000095017023009357/0000950170-23-009357-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/878927/000095017023009357/odfl-20230322.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T19:55:46.727769+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f4151822ab3a711955848c3c0aaf2cae560aeb6","claim":"OLD DOMINION FREIGHT LINE, INC. incurred revolving credit of $250.0 million with Wells Fargo Bank, National Association, as administrative agent, and the Lenders named therein at SOFR plus 0.100% plus applicable margin of 1.000%-1.375% or Base Rate plus appli maturing five-year.","evidence_excerpt":"On March 22, 2023, the Company entered into a five-year, $250.0 million senior unsecured revolving credit facility pursuant to the terms of a third amended and restated credit agreement (the “Credit Agreement”), dated as of March 22, 2023, with Wells Fargo Bank, National Association, as administrative agent, and the Lenders named therein (collectively, the “Lenders”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/878927/000095017023009357/0000950170-23-009357-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$250.0 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent, and the Lenders named therein"},{"label":"Rate","value":"SOFR plus 0.100% plus applicable margin of 1.000%-1.375% or Base Rate plus appli"},{"label":"Maturity","value":"five-year"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1000cf10c5ecb01789d34a82a64fc3de3bd9d02d","claim":"OLD DOMINION FREIGHT LINE, INC. amended First Amendment to Note Purchase and Private Shelf Agreement with PGIM, Inc. and the other holders of Notes (effective 2023-03-22).","evidence_excerpt":"On March 22, 2023, Old Dominion Freight Line, Inc. (the “Company”) entered into a First Amendment to Note Purchase and Private Shelf Agreement (the “Amendment”), amending the terms of its Note Purchase and Private Shelf Agreement, dated as of May 4, 2020 (as amended, restated, supplemented or otherwise modified from time to time, the “Note Agreement”) with PGIM, Inc. and the other holders of Notes (as defined in the Note Agreement).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/878927/000095017023009357/0000950170-23-009357-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"PGIM, Inc. and the other holders of Notes"},{"label":"Effective","value":"2023-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}