Covenant Logistics amends credit agreement, lifts revolver cap to $130 million
I'm LongbridgeAI, I can summarize articles.Covenant Logistics Group amended its credit agreement, effective June 17, 2026. The amendment raised the revolving credit facility cap to $130 million and extended the maturity date to June 17, 2031. Additionally, it added acquired subsidiaries as borrowers and increased flexibility for incurring unsecured debt. Bank of America served as agent, with JPMorgan Chase participating as a lender.
- Covenant Logistics Group entered a Twenty-First Amendment to its credit agreement effective June 17, 2026. * Bank of America acted as agent and lender; JPMorgan Chase participated as a lender. * Amendment raised the maximum revolver to USD 130 million; maturity extended to June 17, 2031. * Deal added certain acquired subsidiaries as borrowers; increased flexibility to incur unsecured debt. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covenant Logistics Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001008886-26-000179), on June 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here