Ryder Renews $1.4 Billion Global Revolving Credit Facility

Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, announces that it has executed a new $1.4 billion five-year global revolving credit facility, which includes 11 global institutions, and will expire on December 14, 2026. “Execution of this new credit agreement further solidifies Ryder’s strong liquidity position for the next five years,” says John Diez, chief financial officer for Ryder. The credit facility will be used for working capital and other general corporate purposes of Ryder and its subsidiaries. “We are very pleased with the continued long-term financial support and confidence shown by our global banking partners,” says Dan Susik, senior vice president of finance and treasurer for Ryder. BofA Securities, Inc. and

https://newsroom.ryder.com/news/news-details/2021/Ryder-Renews-1.4-Billion-Global-Revolving-Credit-Facility/default.aspx

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