---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-031168"
form_type: "8-K"
ticker: "GXO"
cik: "0001852244"
company_name: "GXO Logistics, Inc."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:51:02.077292+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# GXO Logistics amends credit agreement to replace LIBOR with SOFR rates

## Summary
- Amendment replaces LIBOR-based benchmark rates with SOFR-based rates in $800M revolving credit facility.
- No change to total commitment amount, maturity, or pricing; purely a benchmark transition.
- Amendment executed March 9, 2023, with all lenders and Citibank as administrative agent.
- Existing LIBOR-based loans continue until current interest period ends, then convert to SOFR or base rate.

## SEC filing metadata
- accession: 0001104659-23-031168
- form_type: 8-K
- ticker: GXO
- cik: 0001852244
- company_name: GXO Logistics, Inc.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852244/000110465923031168/0001104659-23-031168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852244/000110465923031168/tm238603d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-031168
- JSON: https://secwatch.observer/filing/0001104659-23-031168.json
- Plain text: https://secwatch.observer/filing/0001104659-23-031168.txt

## Key facts
- Material Agreements
  GXO Logistics, Inc. amended Amendment No. 1 to Credit Agreement with Citibank, N.A., as administrative agent (effective 2023-03-09).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A., as administrative agent
  - Effective: 2023-03-09
  source text: On March 9, 2023, GXO Logistics, Inc. (the “Company”) entered into Amendment No. 1 to Credit Agreement (the “Amendment”) to its Credit Agreement, dated as of June 23, 2021, by and among the Company, the lenders and other parties from time to time party thereto and Citibank, N.A., as administrative agent (the “Revolving Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852244/000110465923031168/0001104659-23-031168-index.htm

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