---
title: "Marten Transport Amends Credit Facility, Raises LC Sublimit to $35 Million and Cap to $105 Million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290241170.md"
description: "Marten Transport has entered into a First Amendment to its Credit Agreement, effective June 12, 2026. The amendment increases the letter of credit sublimit from $30 million to $35 million and raises the facility's maximum aggregate principal amount from $100 million to $105 million. It also provides for an amended and restated revolving note up to $35 million, aimed at expanding liquidity and borrowing flexibility for general business needs."
datetime: "2026-06-18T20:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290241170.md)
  - [en](https://longbridge.com/en/news/290241170.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290241170.md)
---

# Marten Transport Amends Credit Facility, Raises LC Sublimit to $35 Million and Cap to $105 Million

Marten Transport entered into a First Amendment to its Credit Agreement to expand liquidity. The amendment increases the letter of credit sublimit from $30 million to $35 million and raises the facility’s maximum aggregate principal amount from $100 million to $105 million. It also provides for an amended and restated revolving note up to $35 million. The facility continues to support general business and working capital needs.

**Agreement details:**

-   **Agreement type**: First Amendment to Credit Agreement; unsecured revolving credit facility
-   **Counterparty**: U.S. Bank, as agent, and other banks
-   **Signed / Effective**: Jun 12 2026 / same
-   **Duration / Termination**: Remainder of existing five-year term
-   **Reason**: Increase letter of credit capacity and borrowing flexibility

Original SEC Filing: MARTEN TRANSPORT LTD \[ MRTN \] - 8-K - Jun. 18, 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.

### Related Stocks

- [MRTN.US](https://longbridge.com/en/quote/MRTN.US.md)
- [USB.US](https://longbridge.com/en/quote/USB.US.md)

## Related News & Research

- [Marten Transport boosts letter of credit sublimit to $35 million under U.S. Bank credit agreement amendment](https://longbridge.com/en/news/290240395.md)
- [KKR Private Equity Conglomerate Llc Sold $281.0M In Unregistered Shares On June 1, 2026- SEC Filing](https://longbridge.com/en/news/290746125.md)
- [Santander Targets More Revenue, Cost Cuts Through AI](https://longbridge.com/en/news/290359720.md)
- [The 27-year-old building Britain’s Trump-proof AI](https://longbridge.com/en/news/290350857.md)
- [Tesla Files Trademark Application for Amazing Abundance Covering AI and Robotics](https://longbridge.com/en/news/290338691.md)