---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-190069"
form_type: "8-K"
ticker: "LSTR"
cik: "0000853816"
company_name: "LANDSTAR SYSTEM INC"
filed_at: "2022-07-08T23:59:59+00:00"
generated_at: "2026-06-24T18:48:22.401578+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Landstar amends credit agreement: facility increased to $300M, maturity extended to July 2027

## Summary
- Facility increased from $250M to $300M, with accordion feature up to $600M.
- Maturity extended to July 2027; LIBOR replaced with Term SOFR.
- No outstanding borrowings as of July 1, 2022.
- Covenants include minimum fixed charge coverage and maximum leverage ratios.

## SEC filing metadata
- accession: 0001193125-22-190069
- form_type: 8-K
- ticker: LSTR
- cik: 0000853816
- company_name: LANDSTAR SYSTEM INC
- filed_at: 2022-07-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/853816/000119312522190069/0001193125-22-190069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/853816/000119312522190069/d344416d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-190069
- JSON: https://secwatch.observer/filing/0001193125-22-190069.json
- Plain text: https://secwatch.observer/filing/0001193125-22-190069.txt

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