Marten Transport amends credit facility, extends term to August 19, 2031
Marten Transport amended its unsecured revolving credit agreement on August 19, 2026, extending the term to August 19, 2031 and raising the letter of credit sublimit to $50 million. The amendment also lowers the maximum aggregate principal amount to $100 million from $105 million and updates the margins for Term SOFR advances. For shareholders, the filing shows a longer borrowing term and a smaller maximum facility size, and the full Second Amendment will be filed with the next Form 10-Q.
Key points
- Second Amendment dated August 19, 2026 extends the credit agreement term to August 19, 2031.
- Letter of credit sublimit increases to $50 million from $35 million.
- Maximum aggregate principal amount decreases to $100 million from $105 million; a Second Amended and Restated Revolving Note allows up to $50 million.
- Full Second Amendment will be attached to Marten's next Quarterly Report on Form 10-Q.
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 August 25, 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.