---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-001506"
form_type: "8-K"
ticker: "HUBG"
cik: "0000940942"
company_name: "Hub Group, Inc."
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:22:05.789695+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hub Group enters $350M credit facility, replacing 2017 agreement

## Summary
- New $350M revolving credit facility matures February 24, 2027.
- Includes $75M sublimit for letters of credit and $15M sublimit for swingline loans.
- Interest rates based on Term SOFR plus spread from 100-175 bps, or base rate plus 0-75 bps.
- Financial covenants: total net leverage ratio ≤ 3.00x (3.50x after large acquisitions) and interest coverage ratio ≥ 3.00x.
- Proceeds to finance acquisitions, working capital, capex, and general corporate purposes.

## SEC filing metadata
- accession: 0001171843-22-001506
- form_type: 8-K
- ticker: HUBG
- cik: 0000940942
- company_name: Hub Group, Inc.
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940942/000117184322001506/0001171843-22-001506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940942/000117184322001506/f8k_022822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-001506
- JSON: https://secwatch.observer/filing/0001171843-22-001506.json
- Plain text: https://secwatch.observer/filing/0001171843-22-001506.txt

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