Schneider National amends receivables facility, raising commitments to $400M and extending maturity to September 2029

Schneider National, Inc.

Schneider Receivables Corp. raised available commitments under its receivables purchase agreement from $200M to $400M, effective September 30, 2026.
The LC sublimit increased from $150M to $250M, and the scheduled termination date was extended to September 28, 2029.
Borrowings are priced off one-month Term SOFR; the facility is secured by qualifying trade receivables and includes standby letters of credit.
Wells Fargo Bank, N.A. is administrative agent and LC issuer; PNC Bank is a purchaser. A Sixth Amended and Restated Fee Letter was signed the same date.
Eligibility criteria for trade receivables were adjusted to increase availability; covenants include minimum consolidated net worth and net debt/interest coverage ratios.

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