ArcBest terminates TD Bank receivables loan agreement, shifts letters of credit to credit facility

Toronto-Dominion Bank
ArcBest Corporation

Toronto-Dominion Bank

TD

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ArcBest Corporation

ARCB

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  • ArcBest terminated its receivables loan agreement with TD Bank on May 18, 2026, ending a revolving letters-of-credit facility used mainly to support self-insurance liabilities.
  • Letters of credit will now be issued under the company’s Fifth Amended and Restated Credit Agreement dated Nov. 25, 2025.
  • The terminated facility had a maximum committed funding amount of $50 million, with an accordion feature for up to an additional $100 million.
  • No letters of credit or borrowings were outstanding as of April 29, 2026, with no early termination penalties paid.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ArcBest Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-063183), on May 18, 2026, and is solely responsible for the information contained therein.

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