Schneider National enters USD 350 million revolving credit facility, replacing USD 250 million line
I'm LongbridgeAI, I can summarize articles.Schneider National Leasing entered a $350 million revolving credit facility with JPMorgan Chase on Sept. 10, 2026, replacing its previous $250 million line. The new facility matures on Sept. 10, 2031, includes a $100 million letter-of-credit sublimit, and allows for potential expansion to $700 million. Additionally, a term loan due in 2029 was amended to align covenants with the new revolver.
- Schneider National Leasing entered a USD 350 million revolving credit facility with JPMorgan Chase as administrative agent on Sept. 10, 2026. * The facility replaces a USD 250 million revolver signed in 2022, which was terminated with no borrowings outstanding. * Maturity set for Sept. 10, 2031, with a potential step-up to USD 700 million total commitments. * A USD 100 million letter-of-credit sublimit included; pricing tied to base rate or term SOFR plus a leverage-based margin. * Term loan due Nov. 22, 2029 amended to align covenants with the new revolver. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schneider National Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001692063-26-000044), on September 16, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here