$300m committed across 1 active facility, next covenant test Sep 30, 2026. LSTR
Net leverage: when the limit steps, and which way the company's ratio has been moving.
Permit the ratio (the “Net Leverage Ratio”) of (i) Total Net Indebtedness as of the last day of any fiscal quarter of the Parent, to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Parent then ended, to be greater than 3.00 to 1.00Read the filing on sec.gov ↗
Permit as of the last day of any fiscal quarter of the Parent, the ratio of (i) Consolidated EBITDA for the period of four consecutive fiscal quarters then ended, to (ii) Consolidated Interest Expense for such period, to be less than 3.00 to 1.00.Read the filing on sec.gov ↗
Signed Jun 30, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $300m | n/a | n/a |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
Lenders: JPMorgan Chase Bank, N.A., Bank of America, N.A., Wells Fargo Bank National Association, Truist Bank
No amendments on file yet.
Email [email protected].