- Ryder System, Inc. R executed a new $1.4 billion five-year global revolving credit facility that will expire on December 14, 2026, and includes 11 global institutions.
- "Execution of this new credit agreement further solidifies Ryder's strong liquidity position for the next five years," commented CFO John Diez.
- The company plans to use the credit facility for working capital and other general corporate purposes.
- Price Action: R shares are trading lower by 3.72% at $75.30 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
