---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-004144"
form_type: "8-K"
ticker: "HUBG"
cik: "0000940942"
company_name: "Hub Group, Inc."
filed_at: "2025-06-26T23:59:59+00:00"
generated_at: "2026-05-18T18:52:37.966420+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hub Group enters $450M credit agreement replacing 2022 facility

## Summary
- New $450M revolving credit facility matures June 2030, replaces 2022 agreement.
- Includes $75M letter of credit sublimit and $15M swingline sublimit.
- Borrowings at Term SOFR plus margin from 1.00% to 1.75% based on leverage ratio.
- Covenants: Total Net Leverage ≤ 3.00x; interest coverage ≥ 3.00x; step-up to 3.50x post-acquisition.
- No early termination penalties; all prior borrowings repaid.

## SEC filing metadata
- accession: 0001171843-25-004144
- form_type: 8-K
- ticker: HUBG
- cik: 0000940942
- company_name: Hub Group, Inc.
- filed_at: 2025-06-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940942/000117184325004144/0001171843-25-004144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940942/000117184325004144/f8k_062625.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-004144
- JSON: https://secwatch.observer/filing/0001171843-25-004144.json
- Plain text: https://secwatch.observer/filing/0001171843-25-004144.txt

## Key facts
- Debt Financings
  Hub Group, Inc. incurred revolving credit of $450 million with Bank of Montreal, as administrative agent at Term SOFR plus a specified margin maturing June 20, 2030.
  - Instrument: revolving credit
  - Principal: $450 million
  - Counterparty: Bank of Montreal, as administrative agent
  - Rate: Term SOFR plus a specified margin
  - Maturity: June 20, 2030
  - Event: incurrence
  source text: On June 20, 2025, Hub Group, Inc. (the “Company”) entered into a $450 million credit agreement (the “Credit Agreement”) with Bank of Montreal, as administrative agent, and with certain material subsidiaries of the Company from time to time party thereto as guarantors, and various financial institutions, as lenders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/940942/000117184325004144/0001171843-25-004144-index.htm

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