---
title: "XPO Refinances Debt With $885 Million Term Loans; New $500M Term A and $385M Term B-4"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288259453.md"
description: "XPO announced the refinancing of existing debt through two new senior secured term loan facilities totaling $885 million. The company added a $385 million Term Loan B-4 maturing in February 2031, led by Morgan Stanley, and a new $500 million Term Loan A due in May 2029, led by Wells Fargo. These agreements aim to streamline XPO's capital structure, extend maturities, and enhance financial flexibility."
datetime: "2026-06-01T10:53:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288259453.md)
  - [en](https://longbridge.com/en/news/288259453.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288259453.md)
---

# XPO Refinances Debt With $885 Million Term Loans; New $500M Term A and $385M Term B-4

XPO announced two new senior secured term loan facilities totaling $885 million to refinance existing Term Loan B debt and extend maturities. The company added a $385 million Term Loan B-4 maturing Feb 1, 2031 under an amendment led by Morgan Stanley Senior Funding, and entered a new $500 million Term Loan A due May 29, 2029 led by Wells Fargo Bank, with a springing maturity tied to the 2028 notes. Both facilities are secured on a pari passu basis with XPO’s revolver, include scheduled amortization, and feature margin step-downs upon meeting leverage thresholds. The financing is intended to streamline XPO’s capital structure and enhance flexibility.

**Agreement 1: XPO Adds $385 Million Term Loan B-4 Maturing 2031 to Support Refinancing**

-   **Agreement type**: Senior secured Term Loan B-4 facility (Amendment No. 11), $385 million
-   **Counterparty**: Lenders led by Morgan Stanley Senior Funding, as Administrative Agent
-   **Signed / Effective**: May 29 2026 / same
-   **Duration / Termination**: Through Feb 01 2031
-   **Reason**: Refinance existing Term Loan B and extend maturities

**Agreement 2: XPO Secures $500 Million Senior Secured Term Loan A Due 2029**

-   **Agreement type**: Senior secured Term Loan A Credit Agreement, $500 million
-   **Counterparty**: Lenders led by Wells Fargo Bank, as Administrative Agent
-   **Signed / Effective**: May 29 2026 / same
-   **Duration / Termination**: Through May 29 2029 (springing maturity possible)
-   **Reason**: Refinance debt and optimize capital structure

Original SEC Filing: XPO, Inc. \[ XPO \] - 8-K - Jun. 01, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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