Saia Inc. Announces Increase in Borrowing Capacity
Saia, Inc. (SAIA)
Last saia, inc. earnings: 4/29 07:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
JOHNS CREEK, Ga., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced today that it has closed on an amendment to its unsecured revolving credit facility to increase its borrowing capacity from $300 million to $600 million. The amendment also extends the maturity of the existing credit facility to December 2029. The amendment to the revolving credit facility was entered into on December 9, 2024, with JPMorgan Chase Bank, N.A. as Administrative Agent, Bank of America, N.A., BOKF, NA, and PNC Bank National Association. Among other items, the amended credit facility: Enhances the company’s flexibility to support the company’s strategic initiativesOffers capacity to support opportunistic investmentsIncreases the size of the credit facility commitments to $600 millionIncreases the availability under an accordion feature from $150 mill
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SAIA
News
- Saia Partners with Tesla to Launch Two Electric SemisGlobeNewswire
- Saia, Inc. (NASDAQ: SAIA) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $492.00 to $563.00. They now have a "neutral" rating on the stock.MarketBeat
- Saia (SAIA) Slid on Disappointing Results [Yahoo! Finance]Yahoo! Finance
- Saia, Inc. (NASDAQ: SAIA) had its price target raised by analysts at JPMorgan Chase & Co. from $499.00 to $566.00. They now have an "overweight" rating on the stock.MarketBeat
- Saia, Inc. (NASDAQ: SAIA) had its price target lowered by analysts at Citigroup Inc. from $651.00 to $644.00. They now have a "buy" rating on the stock.MarketBeat
SAIA
Earnings
- 10/25/24 - Miss
SAIA
Sec Filings
- 12/10/24 - Form 8-K
- 12/3/24 - Form 8-K
- 11/25/24 - Form 4
- SAIA's page on the SEC website