J.B. Hunt sells $750 million of 4.900% senior notes due 2030
J.B. Hunt Transport Services agreed on March 11, 2025 to sell $750 million of 4.900% senior notes maturing March 15, 2030, and signed the indenture governing them on March 13, 2025. The notes are unsecured and rank equally with the company's existing and future senior debt, so the offering adds $750 million of borrowing that shareholders will have to see repaid ahead of equity.
- Principal amount: $750 million of 4.900% Senior Notes due 2030, sold under an underwriting agreement dated March 11, 2025 with Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as representatives
- Interest is paid semiannually on March 15 and September 15, beginning September 15, 2025; notes mature March 15, 2030
- Indenture limits the company's ability to incur secured debt, enter sale and leaseback transactions, and merge or transfer substantially all assets; the company may redeem the notes before February 15, 2030 at a specified price and on or af