secwatch.observer — SEC 8-K summary
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Issuer:     C. H. ROBINSON WORLDWIDE, INC. (CHRW)
CIK:        0001043277
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001043277-23-000038
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043277/000104327723000038/0001043277-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043277/000104327723000038/chrw-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001043277-23-000038

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