Radiant Logistics amends and restates USD 200 million secured revolving credit facility
RLGT•Pricing and bank group
Pricing is set at SOFR plus 137.5-212.5 bps, with unused commitment fees of 15-30 bps, both below the prior facility. Bank of America serves as administrative agent; BofA Securities is joint lead arranger with Bank of Montreal and PNC Bank.
Maturity and borrowing capacity extended
The new five-year term extends maturity to 2031, with borrowing capacity up to USD 200 million subject to customary financial covenants.
Amended revolving credit facility completed
Radiant Logistics completed syndication of an amended and restated USD 200 million secured revolving credit facility, refinancing a revolver due Aug. 5, 2027.
Accordion capacity increased for acquisitions
The accordion feature increased to USD 100 million from USD 75 million to support acquisitions.
