Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RADIANT LOGISTICS, INC amended revolving credit of $200,000,000 facility with Bank of America, N.A. and BMO Capital Markets Corp. as joint book runners and joint lead arrangers, Bank of America, N.A. as Administrative Agent, Swingline Lender and Letter of Credit Issuer, Bank of Montreal as syndication agent, KeyBank National Association and MUFG Union Bank, N.A. as co-documen at Term Canadian Overnight Repo Rate Average (“CORRA”) plus (i) 0.29547% for loans.
- Instrument
- revolving credit
- Principal
- $200,000,000 facility
- Counterparty
- Bank of America, N.A. and BMO Capital Markets Corp. as joint book runners and joint lead arrangers, Bank of America, N.A. as Administrative Agent, Swingline Lender and Letter of Credit Issuer, Bank of Montreal as syndication agent, KeyBank National Association and MUFG Union Bank, N.A. as co-documen
- Rate
- Term Canadian Overnight Repo Rate Average (“CORRA”) plus (i) 0.29547% for loans
- Event
- amendment
Exact text from the filing
On September 27, 2023, the Company and the Lenders entered into the First Amendment to Credit Agreement and Consent (the “First Amendment”). The First Amendment amends the Original Credit Agreement (the Original Credit Agreement as amended by the First Amendment shall be referred to as the “Amended Credit Agreement”) for the principal purpose of permitting the Company to borrow up to $50,000,000 in Canadian Dollars. The First Amendment elevated Radiant Global Logistics (Canada) Inc. from a Guarantor to a Borrower under the Credit Facility. In addition, the First Amendment divided the $200,000,000 facility into two tranches: a) a $150,000,000 tranche which will be loaned exclusively in United States Dollars (“Tranche A”); and b) a $50,000,000 tranche that may be loaned in either United States Dollars or an Alternative Currency (“Tranche B”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
RADIANT LOGISTICS, INC amended First Amendment to Credit Agreement and Consent with Bank of America, N.A., BMO Capital Markets Corp., Bank of Montreal, KeyBank National Association, MUFG Union Bank, N.A., Washington Federal Bank, National Association valued at $50,000,000 in Canadian Dollars (effective 2023-09-27).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., BMO Capital Markets Corp., Bank of Montreal, KeyBank National Association, MUFG Union Bank, N.A., Washington Federal Bank, National Association
- Value
- $50,000,000 in Canadian Dollars
- Effective
- 2023-09-27
Exact text from the filing
On September 27, 2023, the Company and the Lenders entered into the First Amendment to Credit Agreement and Consent (the “First Amendment”). The First Amendment amends the Original Credit Agreement
View on SEC.gov