MARTEN TRANSPORT LTD (MRTN): debt financing — Marten Transport amends credit facility, increases letter of credit sublimit to $35M and aggregate capacity to $105M

MARTEN TRANSPORT LTD

Letter of credit sublimit raised from $30M to $35M under existing unsecured revolving credit facility.
Maximum aggregate principal amount increased from $100M to $105M via accordion feature.
Amended and Restated Revolving Note for $35M replaces prior $30M note; U.S. Bank remains sole lender.
Facility terms otherwise unchanged; proceeds for general corporate and working capital purposes.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MARTEN TRANSPORT LTD amended credit facility of maximum aggregate principal amount of up to $105 million with U.S. Bank National Association.

Instrument: credit facility
Principal: maximum aggregate principal amount of up to $105 million
Counterparty: U.S. Bank National Association
Event: amendment

Exact text from the filing

On June 12, 2026, Marten entered into the First Amendment to Credit Agreement (the “Amendment”) to increase the sublimit for the issuance of letters of credit from $30 million to $35 million and increase the maximum aggregate principal amount from $100 million to $105 million.

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

MARTEN TRANSPORT LTD amended First Amendment to Credit Agreement with U.S. Bank National Association, as agent, and certain banks party thereto (effective 2026-06-12).

Action: amendment
Agreement: credit facility
Counterparty: U.S. Bank National Association, as agent, and certain banks party thereto
Effective: 2026-06-12

Exact text from the filing

On June 12, 2026, Marten entered into the First Amendment to Credit Agreement (the “Amendment”) to increase the sublimit for the issuance of letters of credit from $30 million to $35 million and increase the maximum aggregate principal amount from $100 million to $105 million.

View on SEC.gov

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Source: SEC EDGAR

accession 0001437749-26-021135

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