Ryder renews $1.4B revolving credit facility, matures Dec 2026

RYDER SYSTEM INC

$1.4 billion unsecured revolving credit facility with 11 global banks, matures December 14, 2026.
Facility includes up to $75M in letters of credit; proceeds for working capital and general corporate purposes.
Interest rate based on credit ratings; currently 1.125% for LIBOR/SONIA/EURIBOR loans, plus facility fee 0.125%.
Replaces prior facility maturing Sept 2023; incorporates fallback rates for transition away from LIBOR.
BofA Securities and MUFG acted as joint bookrunners; 11 institutions participated.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.