---
schema_version: "secwatch.filing_event.v1"
accession: "0001492691-23-000087"
form_type: "8-K"
ticker: "KNX"
cik: "0001492691"
company_name: "Knight-Swift Transportation Holdings Inc."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:56:23.806008+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Knight-Swift increases receivables borrowing capacity to $575M from $475M

## Summary
- Swift Receivables Co. II entered Seventh Amendment raising facility limit by $100M to $575M.
- Facility is a revolving sale of undivided interests in eligible accounts receivable to purchasers.
- Collections on underlying receivables are held for benefit of purchasers, not available to satisfy company claims.
- Parties include SRCII as seller, Swift Transportation Services as servicer, and PNC Bank as administrator.

## SEC filing metadata
- accession: 0001492691-23-000087
- form_type: 8-K
- ticker: KNX
- cik: 0001492691
- company_name: Knight-Swift Transportation Holdings Inc.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000087/0001492691-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000087/knx-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492691-23-000087
- JSON: https://secwatch.observer/filing/0001492691-23-000087.json
- Plain text: https://secwatch.observer/filing/0001492691-23-000087.txt

## Key facts
- Material Agreements
  Knight-Swift Transportation Holdings Inc. amended Seventh Amendment to Amended and Restated Receivables Purchase Agreement with PNC Bank, National Association (effective 2023-10-23).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association
  - Effective: 2023-10-23
  source text: On October 23, 2023, Swift Receivables Company II, LLC ("SRCII"), a wholly-owned subsidiary of Knight-Swift Transportation Holdings Inc. (the "Company"), entered into the Seventh Amendment to Amended and Restated Receivables Purchase Agreement (the "2023 Receivables Purchase Agreement"), which further amends its Amended and Restated Receivables Purchase Agreement, dated June 14, 2013.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000087/0001492691-23-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.