secwatch.observer — SEC 8-K summary
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Issuer:     C. H. ROBINSON WORLDWIDE, INC. (CHRW)
CIK:        0001043277
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001043277-22-000027
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C.H. Robinson enters $500M senior unsecured revolver due May 2023
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- Facility with U.S. Bank provides $500M revolving credit, maturing May 5, 2023.
- Loans bear interest at Term SOFR or Alternate Base Rate plus margins based on credit ratings.
- Leverage covenant set at 3.00:1.00 (or 3.50:1.00 under certain conditions).
- Material domestic subsidiaries required as guarantors; proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043277/000104327722000027/0001043277-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043277/000104327722000027/chrw-20220511.htm
  HTML page:      https://secwatch.observer/filing/0001043277-22-000027

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