---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-059404"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T19:09:26.633538+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Saia amends credit agreement to allow negative pledges in unsecured debt

## Summary
- Amendment to Section 6.09 dated Oct 31, 2023, permits negative pledges in unsecured debt agreements.
- Condition: Saia can grant liens securing the credit facility at least on a pari passu basis with such unsecured debt.
- Executed by Saia, JPMorgan Chase as agent, and required lenders; effective upon satisfaction of conditions.
- No changes to borrowing limits, interest rates, or financial covenants; purely a covenant flexibility update.

## SEC filing metadata
- accession: 0000950170-23-059404
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000095017023059404/0000950170-23-059404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017023059404/saia-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059404
- JSON: https://secwatch.observer/filing/0000950170-23-059404.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059404.txt

## Key facts
- Material Agreements
  SAIA INC amended "Credit Agreement" with JPMorgan Chase Bank, N.A. as Administrative Agent, and the other lenders and agents party thereto (effective 2023-10-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. as Administrative Agent, and the other lenders and agents party thereto
  - Effective: 2023-10-31
  source text: On October 31, 2023, Saia, Inc. (the “Company”), and certain of its subsidiaries, entered into an amendment to its credit agreement dated February 3, 2023, with JPMorgan Chase Bank, N.A. as Administrative Agent, and the other lenders and agents party thereto (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177702/000095017023059404/0000950170-23-059404-index.htm

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