Universal Logistics extends KeyBank-led credit facility maturity to 2029
Bitget2026/10/01 20:17- Universal Logistics entered a Fourth Amendment with KeyBank, as administrative agent, amending its revolving credit facility.
- Maturity extended to Sept. 30, 2029 from Sept. 30, 2027.
- Total revolving commitments cut to $350 million from $500 million.
- Uncommitted accordion resized to allow up to a $150 million increase in revolving commitments, subject to conditions.
- Leverage-based pricing grids revised for interest-rate margins on borrowings and fees on unused commitments.
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