Rush Enterprises extends revolving credit facility maturity to September 14, 2026

RUSH ENTERPRISES INC \TX\

Second Amendment to Credit Agreement signed December 22, 2023; Maturity Date extended to September 14, 2026.
Upfront fee of $350,000 paid to Wells Fargo Bank, N.A. as Administrative Agent.
Amendment effective upon satisfaction of conditions including no Default or Event of Default.
Borrowers include 31 subsidiaries; facility originally dated September 14, 2021, previously amended November 30, 2022.
Company may terminate commitments at any time; Administrative Agent may accelerate upon event of default.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RUSH ENTERPRISES INC \TX\ amended Second Amendment to Credit Agreement with Wells Fargo Bank, N.A., as Administrative Agent, and the lenders party thereto (effective 2023-12-22).

Action: amendment
Agreement: credit facility
Counterparty: Wells Fargo Bank, N.A., as Administrative Agent, and the lenders party thereto
Effective: 2023-12-22

Exact text from the filing

Effective December 22, 2023, Rush Enterprises, Inc. (the “Company”) and certain of its subsidiaries (the Company and such subsidiaries collectively, “Rush”) entered into the Second Amendment to Credit Agreement (the “Second Amendment”) with each of the lenders party thereto (the “Lenders”) and Wells Fargo Bank, N.A., as Administrative Agent (the “Administrative Agent”), which amended that certain Credit Agreement, dated as of September 14, 2021

View on SEC.gov

Browse all material agreements →

RUSH ENTERPRISES INC \TX\ filing history →

Source: SEC EDGAR

accession 0001437749-23-035261

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.