secwatch.observer — SEC 8-K summary
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Issuer:     MARTEN TRANSPORT LTD (MRTN)
CIK:        0000799167
Form:       8-K
Filed at:   2026-08-25T20:19:16+00:00
Accession:  0001437749-26-028920
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Marten Transport amends credit agreement; extends term to 2031, raises LC limit to $50M
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- On Aug 19, 2026, entered Second Amendment to Credit Agreement with U.S. Bank and banks.
- Extends facility term to Aug 19, 2031; reduces max aggregate principal from $105M to $100M.
- Letter of credit sublimit increased from $35M to $50M; provides $50M Second Amended Revolving Note.
- Also updates applicable margins for Term SOFR advances.
- Original facility was $30M unsecured revolving credit with $30M LC sublimit (2022).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799167/000143774926028920/0001437749-26-028920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799167/000143774926028920/mrtn20260825_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-028920

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