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AI brief of an SEC Form 8-K · Schneider National (SNDR)

Schneider National amends $400 million receivables facility, extends term to 2029

Neutral Impact 3 of 5 financing Written later

Schneider Receivables Corporation, a wholly-owned subsidiary of Schneider National, signed Amendment No. 7 to its secured accounts receivable facility on September 30, 2026. The amendment raises available commitments from $200 million to $400 million and extends the scheduled termination date to September 28, 2029, giving the company more borrowing capacity against trade receivables for a longer period.

Key points

  • Available commitments increase from $200 million to $400 million
  • Letter of credit sublimit increases from $150 million to $250 million
  • Scheduled termination date extended to September 28, 2029
  • Wells Fargo Bank, N.A. serves as administrative agent and letter of credit issuer

The filing

CompanySchneider National (SNDR)
Form8-K, current report
Filed with the SECOct 2, 2026, 4:05 PM ET
Accession number0001692063-26-000049

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 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 October 02, 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.