Radiant Logistics amends $200 million credit facility, extends maturity to 2031
On August 7, 2026, Radiant Logistics entered into an amended and restated $200 million secured revolving credit facility with Bank of America as administrative agent, replacing a credit agreement dated August 5, 2022. The company says the new facility lowers borrowing costs, removes the credit spread adjustment, extends maturity to 2031 and enlarges the accordion to $100 million. For shareholders, the filing shows more borrowing capacity and new terms, with the company stating it had no net debt as of March 31, 2026.
Key points
- Facility size is $200 million, with a five-year term maturing August 7, 2031
- Pricing is SOFR plus 137.5 to 212.5 basis points, a reduction from the prior facility
- Accordion feature increased from $75 million to $100 million for future acquisitions
- Covenants require a maximum net leverage ratio of 3.0x and a minimum interest coverage ratio of 3.0x; as of March 31, 2026, $25.0 million was drawn and $39.6 million in cash was on hand
The filing
Written by AI on Nov 9, 2026, 8:36 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 12, 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.