Kirby Corp extends $750 million revolving credit facility to March 2031
Kirby Corporation entered into an amended and restated credit agreement dated March 26, 2026, extending the facility's maturity to March 26, 2031 and raising revolving commitments to $750 million, while removing the term loan. Kirby borrowed $200 million under the revolver, of which $20 million had been repaid by the filing date, with proceeds used to refinance the prior agreement's debt, fund a vessel equipment acquisition and support share repurchases.
Key points
- Revolving credit facility commitments increased to $750 million; maturity extended to March 26, 2031
- Kirby borrowed $200 million on March 26, 2026; $20 million repaid before the filing
- Borrowings refinanced the 2027 agreement, including a $70 million term loan balance, and funded an acquisition and share repurchases
- Financial covenants include interest coverage of at least 2.5 to 1.0 and debt to capitalization of no more than 60 percent
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 30, 2026.
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