secwatch.observer — SEC 8-K summary
======================================

Issuer:     C. H. ROBINSON WORLDWIDE, INC. (CHRW)
CIK:        0001043277
Form:       8-K
Filed at:   2021-11-23T23:59:59+00:00
Accession:  0001043277-21-000034
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C.H. Robinson establishes $300M (expandable to $500M) receivables securitization facility
--------------------------------------------------------------------------------

- Receivables Purchase Agreement provides up to $300M in funding, expandable to $500M, maturing November 17, 2023.
- Subsidiary C.H. Robinson Receivables, LLC sells receivables to Bank of America and Wells Fargo as purchasers.
- C.H. Robinson acts as initial master servicer and performance guarantor for the facility.
- Amendments to existing credit and note purchase agreements increase permitted securitization financing to accommodate the facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043277/000104327721000034/0001043277-21-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043277/000104327721000034/chrw-20211123.htm
  HTML page:      https://secwatch.observer/filing/0001043277-21-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer