---
schema_version: "secwatch.filing_event.v1"
accession: "0001043277-23-000038"
form_type: "8-K"
ticker: "CHRW"
cik: "0001043277"
company_name: "C. H. ROBINSON WORLDWIDE, INC."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:32:58.696431+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# C.H. Robinson amends receivables facility; extends maturity to Nov 2025, increases accordion to $750M

## Summary
- Rate index changed from Bloomberg Short-Term Yield to Term SOFR for yield calculation.
- Facility termination date extended to November 7, 2025 from prior date.
- Optional accordion capacity increased by $250M to $750M; committed funding unchanged at $500M.
- Amendment involves C.H. Robinson as master servicer/performance guarantor and bankruptcy-remote subsidiary CHRR as seller.

## SEC filing metadata
- accession: 0001043277-23-000038
- form_type: 8-K
- ticker: CHRW
- cik: 0001043277
- company_name: C. H. ROBINSON WORLDWIDE, INC.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043277/000104327723000038/0001043277-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043277/000104327723000038/chrw-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001043277-23-000038
- JSON: https://secwatch.observer/filing/0001043277-23-000038.json
- Plain text: https://secwatch.observer/filing/0001043277-23-000038.txt

## Key facts
- Debt Financings
  C. H. ROBINSON WORLDWIDE, INC. amended credit facility of $500 million committed; $750 million aggregate funding (including $250 million increase under optional accordion feature with Bank of America, N.A.; Wells Fargo Bank, National Association at Replaced Bloomberg Short-Term Yield Index rate with Term SOFR maturing Extended to November 7, 2025.
  - Instrument: credit facility
  - Principal: $500 million committed; $750 million aggregate funding (including $250 million increase under optional accordion feature
  - Counterparty: Bank of America, N.A.; Wells Fargo Bank, National Association
  - Rate: Replaced Bloomberg Short-Term Yield Index rate with Term SOFR
  - Maturity: Extended to November 7, 2025
  - Event: amendment
  source text: to Term SOFR, (ii) extends the termination date of the facility to November 7, 2025 and (iii) increases the funding available to CHRR under the optional accordion feature by $250 million, thereby increasing the aggregate funding available to CHRR under the Facility to $750 million pursuant to the provisions of the RPA, as amended by the RPA Amendment. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043277/000104327723000038/0001043277-23-000038-index.htm
- Material Agreements
  C. H. ROBINSON WORLDWIDE, INC. amended RPA Amendment with Bank of America, N.A. and Wells Fargo Bank, National Association valued at $250 million (effective 2023-11-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A. and Wells Fargo Bank, National Association
  - Value: $250 million
  - Effective: 2023-11-07
  source text: the RPA Amendment primarily (i) replaces the applicable rate for calculation of yield from the Bloomberg Short-Term Yield Index rate to Term SOFR, (ii) extends the termination date of the facility to November 7, 2025 and (iii) increases the funding available to CHRR under the optional accordion feature by $250 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043277/000104327723000038/0001043277-23-000038-index.htm

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