secwatch.observer — SEC 8-K summary
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Issuer:     HUNT J B TRANSPORT SERVICES INC (JBHT)
CIK:        0000728535
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001437749-22-023462
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J.B. Hunt enters $1.5B credit facility, replacing $750M prior agreement
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- New $1.5B credit agreement includes $1.0B revolving line (5-yr term) and $500M term loan (due 2025).
- Revolver may be increased by up to $300M and extended by up to two one-year periods.
- Facility used for equipment purchases, stock repurchases, refinancing, and working capital.
- Replaces prior $750M credit agreement dated September 25, 2018.
- Credit terms tied to parent's senior unsecured debt ratings (SOFR + applicable margin).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/728535/000143774922023462/0001437749-22-023462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/728535/000143774922023462/jbht20220928_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-023462

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