Marten Transport enters $30M unsecured revolving credit facility, replacing 2006 agreement

MARTEN TRANSPORT LTD

New $30M unsecured revolver matures in 5 years; can be expanded up to $100M.
Interest based on Term SOFR plus 0.75%-1.70% margin depending on leverage ratio.
Credit replaces August 2006 facility; letters of credit sublimit of $30M.
Covenants include max cash flow leverage ratio and min fixed charge coverage ratio.

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