Ryder Completes $1.6 Billion Corporate Revolving Credit Facility
Ryder System, Inc. (R)
Last ryder system, inc. earnings: 4/29 07:55 am
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Source: Business Wire
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) announces that it has established a new, upsized $1.6 billion five-year corporate revolving credit facility, which includes 11 global institutions and will expire on April 22, 2030. This replaces Ryder’s current corporate credit facility and provides $200 million of additional credit capacity.“Execution of this new, upsized credit facility further solidifies Ryder’s strong liquidity position for the next five years,” says Ryder Chief Financial Officer Cristina Gallo-Aquino.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 confidence and long-term financial support shown by our global banking partners,” says Ryder Senior Vice President of Finance and Treasurer Dan Susik.BofA Securities, Inc. and MUFG Bank, Ltd. acted as joint bookrunners and joint lead arrangers. BNP Paribas Securities Corp., Mizuho Bank, Ltd., PNC Capital Markets
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- Will Southeast Facility Expansion and Tuck-in Deals Shift Ryder System's (R) Port-to-Door Logistics Narrative? [Yahoo! Finance]Yahoo! Finance
- Ryder System (NYSE:R) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $210.00 price target on the stock.MarketBeat
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Earnings
- 10/23/25 - Beat
R
Sec Filings
- 12/15/25 - Form 4
- 12/12/25 - Form 8-K
- 10/27/25 - Form 424B3
- R's page on the SEC website