Marten Transport amends credit facility, raising letter of credit limit to $35 million
On June 12, 2026, Marten Transport entered into a First Amendment to its August 16, 2022 unsecured revolving credit agreement with U.S. Bank National Association, as agent. The amendment raises the letter of credit sublimit from $30 million to $35 million and the maximum aggregate principal amount from $100 million to $105 million. The filing does not report any borrowings under the facility, so the change expands available borrowing capacity rather than showing new debt drawn.
Key points
- Amendment dated June 12, 2026 raises the letter of credit sublimit from $30 million to $35 million.
- Maximum aggregate principal amount that can be increased to rises from $100 million to $105 million.
- Amended and Restated Revolving Note provides for up to $35 million aggregate principal.
- Original five-year unsecured revolving facility was entered into August 16, 2022 with U.S. Bank National Association as agent.
The filing
Written by AI on Nov 8, 2026, 6:59 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 June 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.