Ryder System, Inc. (NYSE: R), a leader in commercial fleet management , dedicated transportation , and supply chain solutions, today announced it has issued $400 million of senior unsecured medium-term notes due June 2025. The transaction closed today, April 6, 2020. The company will use the proceeds from the offering for working capital and other general corporate purposes. As of the close of business today, April 6, 2020, Ryder has $409 million available under its $1.4 billion global revolving credit facility which also serves as a backstop for Ryder’s commercial paper issuances, and expires in September 2023. Ryder also maintains an available cash balance of $1.2 billion as of April 6, 2020. Ryder has a total of $600 million of remaining public bond maturities in 2020 with $300 million