Radiant Logistics amends, restates USD 200 million secured revolving credit facility, extends maturity to 2031
RLGT•Credit facility refinanced and extended
Radiant Logistics refinanced its USD 200 million secured revolving credit facility through an amended and restated syndicated agreement.
- The new five-year term extends maturity to 2031, replacing a facility previously set to mature on Aug. 5, 2027.
- Accordion capacity was increased to USD 100 million from USD 75 million to support acquisitions.
- Pricing is set at SOFR plus 137.5-212.5 bps, with unused commitment fees of 15-30 bps.
- The facility is secured by receivables and other assets, with leverage capped at 3x and a minimum interest coverage ratio of 3x.
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