secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH)
CIK:        0001308208
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001193125-25-251665
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Logistics subsidiary issues $195.9M senior secured note at 6.84%, due Nov 2034, backed by Ford lease
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- UDOT CTL-Funding issued $195.9M senior secured promissory note at 6.84% fixed rate, maturing Nov 15, 2034.
- Note secured by subleasehold interest in property subleased to Ford Motor Company (investment-grade credit tenant).
- Debt service funded by Ford's rent payments; Universal provides limited guaranty for certain shortfall and indemnity obligations.
- Proceeds used for credit tenant lease financing; note is non-recourse except for carve-outs and environmental indemnity.
- Director Marcus D. Hudson appointed to audit committee, effective Oct 22, 2025; qualifies as independent and financial expert.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308208/000119312525251665/0001193125-25-251665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308208/000119312525251665/ulh-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-251665

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