secwatch.observer — SEC 8-K summary
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Issuer:     Knight-Swift Transportation Holdings Inc. (KNX)
CIK:        0001492691
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001492691-24-000083
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knight-Swift extends term loan maturity to 2026, ups size to $350M, declares $0.16 dividend
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- Extended term loan A-2 maturity from Sept 2024 to Sept 2026 and increased facility from $200M to $350M.
- Interest rate changed to SOFR plus 0.10% adjustment plus 1.50% based on leverage grid.
- No scheduled principal payments due until maturity; credit facility remains unsecured.
- Declared quarterly dividend of $0.16 per share, payable Sept 23 to holders of record Sept 6.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492691/000149269124000083/0001492691-24-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492691/000149269124000083/knx-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001492691-24-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer