Werner Enterprises amends receivables facility, raising funding limit to $350 million
Werner Enterprises' receivables subsidiary signed Amendment No. 3 to its loan agreement on June 5, 2026, setting a maximum funding limit of $350 million, up from $325 million. The company also gave an unconditional, irrevocable guaranty to the lenders backing the subsidiary's obligations.
Key points
- Funding limit set at $350 million in cash proceeds, subject to eligible receivables, with a possible increase to $400 million if accepted by TD Bank and committed lenders
- Prior maximum funding limit was $325 million, which could have increased to $350 million upon request
- Werner Enterprises provided a performance guaranty dated June 5, 2026, covering monetary and non-monetary obligations until paid in full
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits 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 10, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.