Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
KIRBY CORP incurred revolving credit of $200 million with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus an interest rate margin which ranges from 87.5 to 150 basis points maturing March 26, 2031.
- Instrument
- revolving credit
- Principal
- $200 million
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Rate
- SOFR plus an interest rate margin which ranges from 87.5 to 150 basis points
- Maturity
- March 26, 2031
- Event
- incurrence
Exact text from the filing
to 60 percent (with all calculations based on definitions contained in the 2031 Credit Agreement). As of the effective date of the 2031 Credit Agreement, Kirby had approximately $200 million outstanding under the revolving credit facility. Borrowings were used to refinance the outstanding indebtedness under the 2027 Credit Agreement (including the $70 million balance
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.98
KIRBY CORP amended Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $750 million revolver, $500 million accordion; SOFR+87.5-150bps or base+0-50bps; commitment fee 7-20 (effective 2026-03-26).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A.
- Value
- $750 million revolver, $500 million accordion; SOFR+87.5-150bps or base+0-50bps; commitment fee 7-20
- Effective
- 2026-03-26
Exact text from the filing
On March 26, 2026, Kirby Corporation (“Kirby”) entered into an amended and restated credit agreement (the “2031 Credit Agreement”) with JPMorgan Chase Bank, N.A. (“JPMorgan”), as administrative agent, and certain lenders and issuing banks party thereto.
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