ArcBest Amends Credit Facility, Extends Maturity and Increases Letter of Credit Limit
ArcBest Corporation has amended and restated its existing revolving credit facility through a Fifth Amended and Restated Credit Agreement with U.S. Bank National Association and other financial institutions. The updated agreement increases the letter of credit sub-facility sublimit from $20 million to $50 million and extends the maturity date of commitments for consenting lenders to five years from the effective date of the amendment. The agreement also updates certain other terms and maintains customary covenants, including minimum interest coverage and maximum leverage ratios, as well as limitations on incurrence of debt, asset sales, and related party transactions.
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. ArcBest Corporation 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: 0001104659-25-116139), on November 26, 2025, and is solely responsible for the information contained therein.
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