XPO Inc.
XPO, Inc. Amends Credit Agreement to Add New Loan Tranche
Summary
On May 29, 2026, XPO, Inc. entered into the Eleventh Amendment to its Credit Agreement, adding a new $385 million Term B-4 loan tranche and a $500 million Term Loan A facility. The new Term B-4 loans mature on February 1, 2031, and bear interest at a rate of ABR or Term SOFR plus a spread, which decreases upon achieving certain leverage ratios. The Term Loan A facility matures on May 29, 2029, and its interest rate is Term SOFR or the Base Rate plus a spread, also subject to reduction based on leverage ratios. Both facilities are secured by liens on the Company's assets and are subject to various covenants and conditions.
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About XPO Inc.
XPO Inc. is a leading global provider of supply chain and transportation solutions, primarily focusing on freight brokerage and less-than-truckload (LTL) services. The company plays a crucial role in optimizing logistics operations by enabling efficient movement of goods through its vast network. Known for its advanced technology platforms, XPO Inc. provides innovative solutions that enhance visibility, performance, and cost-effectiveness for its clients across diverse industries such as e-commerce, manufacturing, retail, automotive, and consumer goods. With a strong emphasis on digital innovation, XPO Inc. employs cutting-edge software and analytics to streamline processes, improve customer experiences, and offer scalable logistics solutions. The company's deep integration with various sectors underscores its market importance, positioning it as a pivotal player in the global supply chain landscape. Headquartered in Greenwich, Connecticut, XPO is committed to sustainability and operational excellence, continuously adapting to the evolving demands of global trade and commerce.
Official SEC Documents
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