{"schema_version":"secwatch.filing_event.v1","accession":"0001692063-23-000115","form_type":"8-K","ticker":"SNDR","cik":"0001692063","company_name":"Schneider National, Inc.","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.068708+00:00","generated_at":"2026-06-14T05:54:55.364029+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Schneider National amends $150M receivables facility; replaces LIBOR with SOFR-based benchmark","bullets":["Amendment dated June 1, 2023; replaces one-month USD LIBOR with Adjusted Term SOFR (SOFR + 0.10% credit spread).","Facility limit remains $150 million; other material terms of the receivables purchase agreement unchanged.","Includes benchmark replacement provisions if Term SOFR is unavailable or ceases; also adopts conforming changes.","Parties: Schneider Receivables (seller), Schneider National (servicer), Wells Fargo (agent/L/C issuer), PNC Bank as purchaser."],"urls":{"canonical":"https://secwatch.observer/filing/0001692063-23-000115","json":"https://secwatch.observer/filing/0001692063-23-000115.json","markdown":"https://secwatch.observer/filing/0001692063-23-000115.md","text":"https://secwatch.observer/filing/0001692063-23-000115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692063/000169206323000115/0001692063-23-000115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692063/000169206323000115/sndr-20230601.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:54:55.364029+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d43e541a773aa2af043de89ddb941bc8c24a3b9","claim":"Schneider National, Inc. amended 2023 Amendment with Wells Fargo Bank, N.A., as administrative agent and letter of credit issuer, and the purchasers party thereto valued at $150 million (effective 2023-06-01).","evidence_excerpt":"On June 1, 2023, Schneider Receivables Corporation (the “Seller”), a wholly-owned subsidiary of Schneider National, Inc. (“Schneider”), entered into Amendment No. 4 (the “2023 Amendment”) to its Amended and Restated Receivables Purchase Agreement (as so amended, the “2023 Receivables Purchase Agreement”), among the Seller, as seller, Schneider, as the servicer, Wells Fargo Bank, N.A. (the “Administrative Agent”), as administrative agent and letter of credit issuer, and the purchasers party thereto, relating to the Seller’s $150 million secured accounts receivable facility.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692063/000169206323000115/0001692063-23-000115-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, N.A., as administrative agent and letter of credit issuer, and the purchasers party thereto"},{"label":"Value","value":"$150 million"},{"label":"Effective","value":"2023-06-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}