secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH)
CIK:        0001308208
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001564590-22-033197
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Logistics amends credit agreement; revolver increased to $400M, subsidiary gets $90M facility
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- Revolving credit commitment expanded to $400M (can increase by another $200M); maturity Sept 30, 2027.
- New $90M credit agreement for UACL Logistics Holdings: $80M term loan plus $10M revolver, also maturing 2027.
- Approximately $89.4M drawn under amended revolver to pay off existing debt; $80M borrowed under new term loan.
- Interest rates: amended revolver at SOFR + 1.50%; UACL facility at SOFR + 1.75%, both subject to leverage ratio.
- Certain UACL entities released from original credit agreement; new lenders Flagstar Bank and First Merchants Bank added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308208/000156459022033197/0001564590-22-033197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308208/000156459022033197/ulh-8k_20220930.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-033197

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