Rush Enterprises reduces bank floor plan to $675M, enters $800M PACCAR financing

RUSH ENTERPRISES INC \TX\

Reduced bank floor plan commitment from $1.0B to $675M; excludes Peterbilt inventory; maturity extended to Dec 2029.
Entered $800M inventory financing with PACCAR Financial for new Peterbilt trucks at Prime minus 2.10% (floor 0%).
Increased PacLease facility from $375M to $500M; same pricing terms; termination date Dec 2029.
Rush guarantees subsidiary obligations under the new PFC facility via a corporate guarantee.

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