C.H. Robinson Amends Credit Agreement to Support RXO Acquisition

C.H. Robinson entered into a fifth amendment to its credit agreement with participating lenders, guarantors and U.S. Bank National Association as administrative agent, allowing the planned acquisition of RXO and related financing transactions. The amendment classifies the deal as a permitted and material acquisition, keeps the maximum net leverage ratio at 3.75-to-1 while eliminating the cash-netting cap, and provides for a leverage holiday upon completion; no transaction amount or direct shareholder impact was disclosed in Item 1.01.