debt
confidence high
sentiment neutral
materiality 0.50
Schneider National expands AR facility to $200M, extends maturity to 2027
Schneider National, Inc.
- Receivables facility limit raised from $150M to $200M via Amendment No. 5.
- Scheduled termination date extended to May 28, 2027 (from prior 2023 maturity).
- Wells Fargo (60%) and PNC (40%) remain purchasers; facility secured by trade receivables.
- Facility uses Adjusted Term SOFR; proceeds for general corporate purposes.