Brief: Werner Enterprises Inc - On Dec 20, Co Entered Into $1.075 Billion Unsecured Credit Facility With Lenders

Werner Enterprises

23/12/2022 21:14

Dec 23 (Reuters) - Werner Enterprises Inc  WERN.O :
    * WERNER ENTERPRISES INC - ON DEC 20, 2022, CO ENTERED INTO
A
$1.075 BILLION UNSECURED CREDIT FACILITY WITH LENDERS
    * WERNER ENTERPRISES INC-2022 CREDIT AGREEMENT TO MATURE ON
DEC
20, 2027, HAS $100 MILLION MAXIMUM LIMIT FOR AGGREGATE AMOUNT OF
LETTERS OF CREDIT ISSUED
    * WERNER ENTERPRISES INC-ON DEC 20, 2022, BORROWED $600
MILLION AT
INTEREST RATE OF 5.67%, BASED ON 1 MONTH SECURED OVERNIGHT
FINANCING RATE PLUS 0.10%, MARGIN OF 1.25%

Further company coverage:  WERN.O 
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