secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH)
CIK:        0001308208
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001564590-22-016869
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.2, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Logistics subsidiaries enter $165M term loan, repay $156M in prior debt
--------------------------------------------------------------------------------

- Term loan of $165.35M fully funded on April 29, 2022; matures April 29, 2032.
- Proceeds used to repay $116.44M under KeyBank credit agreement and $39.49M under Flagstar term loan.
- Loan secured by first-priority mortgages on 21 properties; guaranteed by Apa Holdings, LLC.
- Interest rate swap of $100M notional at 2.88% fixed to mitigate floating rate risk, matures April 30, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308208/000156459022016869/0001564590-22-016869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308208/000156459022016869/ulh-8k_20220429.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-016869

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