secwatch.observer — SEC 8-K summary
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Issuer:     Schneider National, Inc. (SNDR)
CIK:        0001692063
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001692063-24-000108
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schneider National expands AR facility to $200M, extends maturity to 2027
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692063/000169206324000108/0001692063-24-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692063/000169206324000108/sndr-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001692063-24-000108

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