secwatch.observer — SEC 8-K summary
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Issuer:     Schneider National, Inc. (SNDR)
CIK:        0001692063
Form:       8-K
Filed at:   2026-09-16T12:55:32+00:00
Accession:  0001692063-26-000044
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schneider National boosts revolving credit facility to $350M, extends maturity to 2031
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- On Sept 10, 2026, subsidiary Schneider National Leasing entered a $350M revolving credit facility with JPMorgan Chase as admin agent, replacing its $250M facility.
- New facility matures Sept 10, 2031, unless term loan not extended/refinanced/refinanced by Nov 22, 2029 (then Maturing Nov 22, 2029).
- Facility includes $100M letter-of-credit sublimit and allows borrower to request up to $350M increase, for total potential commitments of $700M.
- Existing $250M credit facility (dated Nov 4, 2022) terminated effective Sept 10, 2026; no outstanding borrowings at termination.
- Term Loan Agreement (Nov 22, 2024, maturing Nov 22, 2029) amended to conform covenants to the new facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692063/000169206326000044/0001692063-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692063/000169206326000044/sndr-20260910.htm
  HTML page:      https://secwatch.observer/filing/0001692063-26-000044

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