[8-K] Rush Enterprises Inc Reports Material Event
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) filed a Form 8-K to disclose that on June 13, 2025 its subsidiary Rush Truck Centres of Canada Limited (RTC-Canada), with the Company acting as guarantor, executed a Third Amendment to the existing Amended and Restated BMO Wholesale Financing and Security Agreement with Bank of Montreal (BMO).
The amendment raises the total loan commitment under the RTC-Canada Floor Plan Credit Agreement from C$116.7 million to C$171.7 million, representing an increase of approximately C$55 million. All other core provisions of the facility remain as previously disclosed. The full text of the amendment is filed as Exhibit 10.1 and incorporated by reference.
No other items, financial statements or pro-forma financial information were included in this filing.
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) ha presentato un modulo 8-K per comunicare che il 13 giugno 2025 la sua controllata Rush Truck Centres of Canada Limited (RTC-Canada), con la Società in qualità di garante, ha sottoscritto una Terza Modifica al vigente Amended and Restated BMO Wholesale Financing and Security Agreement con la Bank of Montreal (BMO).
La modifica incrementa l'impegno totale di prestito previsto dall'accordo di credito RTC-Canada Floor Plan da 116,7 milioni di C$ a 171,7 milioni di C$, con un aumento di circa 55 milioni di C$. Tutte le altre condizioni principali dell'accordo rimangono invariate rispetto a quanto comunicato precedentemente. Il testo integrale della modifica è depositato come Allegato 10.1 ed è parte integrante del documento.
Non sono stati inclusi altri elementi, bilanci o informazioni finanziarie pro-forma in questa comunicazione.
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) presentó un Formulario 8-K para informar que el 13 de junio de 2025, su subsidiaria Rush Truck Centres of Canada Limited (RTC-Canada), con la Compañía actuando como garante, ejecutó una Tercera Enmienda al vigente Acuerdo Modificado y Reexpresado de Financiamiento Mayorista y Garantías de BMO con el Bank of Montreal (BMO).
La enmienda incrementa el compromiso total de préstamo bajo el Acuerdo de Crédito para el Plan de Piso de RTC-Canada de 116,7 millones de C$ a 171,7 millones de C$, representando un aumento aproximado de 55 millones de C$. Todas las demás disposiciones principales del contrato permanecen como se divulgaron anteriormente. El texto completo de la enmienda se presenta como Anexo 10.1 y se incorpora por referencia.
No se incluyeron otros ítems, estados financieros ni información financiera proforma en esta presentación.
Rush Enterprises, Inc. (나스닥: RUSHA/RUSHB)는 2025년 6월 13일 자회사인 Rush Truck Centres of Canada Limited (RTC-Canada)가 회사가 보증인으로서 참여한 가운데 Bank of Montreal (BMO)와 기존의 Amended and Restated BMO Wholesale Financing and Security Agreement에 대한 세 번째 수정 계약을 체결했다고 Form 8-K를 통해 공시했습니다.
이번 수정으로 RTC-Canada 플로어 플랜 신용 계약의 총 대출 한도가 1억 1,670만 캐나다 달러에서 1억 7,170만 캐나다 달러로 약 5,500만 캐나다 달러 증가했습니다. 기타 주요 조건들은 이전에 공개된 내용과 동일하게 유지됩니다. 수정 계약 전문은 증빙자료 10.1로 제출되어 참조됩니다.
이번 제출에는 다른 항목, 재무제표 또는 예상 재무 정보가 포함되지 않았습니다.
Rush Enterprises, Inc. (Nasdaq : RUSHA/RUSHB) a déposé un formulaire 8-K pour divulguer que le 13 juin 2025, sa filiale Rush Truck Centres of Canada Limited (RTC-Canada), avec la société agissant en tant que garant, a signé un troisième avenant à l'Amended and Restated BMO Wholesale Financing and Security Agreement existant avec la Bank of Montreal (BMO).
L'avenant augmente l'engagement total de prêt dans le cadre de l'accord de crédit Floor Plan de RTC-Canada, passant de 116,7 millions de C$ à 171,7 millions de C$, soit une augmentation d'environ 55 millions de C$. Toutes les autres dispositions principales de la facilité restent inchangées par rapport aux divulgations précédentes. Le texte complet de l'avenant est déposé en tant qu'Exhibit 10.1 et incorporé par référence.
Aucun autre élément, états financiers ou informations financières pro forma n'ont été inclus dans ce dépôt.
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) hat ein Formular 8-K eingereicht, um bekannt zu geben, dass am 13. Juni 2025 seine Tochtergesellschaft Rush Truck Centres of Canada Limited (RTC-Canada), mit dem Unternehmen als Bürge, eine dritte Änderung des bestehenden Amended and Restated BMO Wholesale Financing and Security Agreement mit der Bank of Montreal (BMO) abgeschlossen hat.
Die Änderung erhöht die gesamte Kreditverpflichtung im Rahmen der RTC-Canada Floor Plan Kreditvereinbarung von 116,7 Millionen C$ auf 171,7 Millionen C$, was eine Erhöhung um rund 55 Millionen C$ darstellt. Alle anderen wesentlichen Bestimmungen der Vereinbarung bleiben unverändert. Der vollständige Text der Änderung ist als Anlage 10.1 eingereicht und durch Verweis aufgenommen.
Weitere Punkte, Finanzberichte oder Pro-forma-Finanzinformationen wurden in dieser Einreichung nicht enthalten.
- Loan commitment increased to C$171.7 million, expanding financing capacity by approximately C$55 million under the BMO floor plan facility.
- None.
Insights
TL;DR: C$55 M increase in BMO floor plan facility strengthens inventory financing; modest positive for liquidity.
The 47% expansion of the BMO floor plan commitment gives RTC-Canada and the parent company greater flexibility to finance truck inventory, a key working-capital need for Rush Enterprises’ Canadian operations. Because the Company guarantees the facility, the lender’s willingness to extend additional credit signals confidence in Rush’s credit profile. While interest costs will scale with usage, the amendment is commitment-only; it does not obligate immediate additional borrowing. Overall, the larger credit line should help support sales growth without diluting shareholders, earning a positive impact rating.
TL;DR: Bigger credit line offers flexibility but could raise leverage if fully drawn; covenant details undisclosed.
The facility increase materially boosts available borrowing capacity, but the filing omits revised covenant thresholds, pricing grids or maturity extensions. Without that data, potential leverage and liquidity trade-offs remain unclear. Nonetheless, the absence of adverse terms and the bank’s willingness to upsize the line suggest a neutral-to-positive risk profile.
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) ha presentato un modulo 8-K per comunicare che il 13 giugno 2025 la sua controllata Rush Truck Centres of Canada Limited (RTC-Canada), con la Società in qualità di garante, ha sottoscritto una Terza Modifica al vigente Amended and Restated BMO Wholesale Financing and Security Agreement con la Bank of Montreal (BMO).
La modifica incrementa l'impegno totale di prestito previsto dall'accordo di credito RTC-Canada Floor Plan da 116,7 milioni di C$ a 171,7 milioni di C$, con un aumento di circa 55 milioni di C$. Tutte le altre condizioni principali dell'accordo rimangono invariate rispetto a quanto comunicato precedentemente. Il testo integrale della modifica è depositato come Allegato 10.1 ed è parte integrante del documento.
Non sono stati inclusi altri elementi, bilanci o informazioni finanziarie pro-forma in questa comunicazione.
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) presentó un Formulario 8-K para informar que el 13 de junio de 2025, su subsidiaria Rush Truck Centres of Canada Limited (RTC-Canada), con la Compañía actuando como garante, ejecutó una Tercera Enmienda al vigente Acuerdo Modificado y Reexpresado de Financiamiento Mayorista y Garantías de BMO con el Bank of Montreal (BMO).
La enmienda incrementa el compromiso total de préstamo bajo el Acuerdo de Crédito para el Plan de Piso de RTC-Canada de 116,7 millones de C$ a 171,7 millones de C$, representando un aumento aproximado de 55 millones de C$. Todas las demás disposiciones principales del contrato permanecen como se divulgaron anteriormente. El texto completo de la enmienda se presenta como Anexo 10.1 y se incorpora por referencia.
No se incluyeron otros ítems, estados financieros ni información financiera proforma en esta presentación.
Rush Enterprises, Inc. (나스닥: RUSHA/RUSHB)는 2025년 6월 13일 자회사인 Rush Truck Centres of Canada Limited (RTC-Canada)가 회사가 보증인으로서 참여한 가운데 Bank of Montreal (BMO)와 기존의 Amended and Restated BMO Wholesale Financing and Security Agreement에 대한 세 번째 수정 계약을 체결했다고 Form 8-K를 통해 공시했습니다.
이번 수정으로 RTC-Canada 플로어 플랜 신용 계약의 총 대출 한도가 1억 1,670만 캐나다 달러에서 1억 7,170만 캐나다 달러로 약 5,500만 캐나다 달러 증가했습니다. 기타 주요 조건들은 이전에 공개된 내용과 동일하게 유지됩니다. 수정 계약 전문은 증빙자료 10.1로 제출되어 참조됩니다.
이번 제출에는 다른 항목, 재무제표 또는 예상 재무 정보가 포함되지 않았습니다.
Rush Enterprises, Inc. (Nasdaq : RUSHA/RUSHB) a déposé un formulaire 8-K pour divulguer que le 13 juin 2025, sa filiale Rush Truck Centres of Canada Limited (RTC-Canada), avec la société agissant en tant que garant, a signé un troisième avenant à l'Amended and Restated BMO Wholesale Financing and Security Agreement existant avec la Bank of Montreal (BMO).
L'avenant augmente l'engagement total de prêt dans le cadre de l'accord de crédit Floor Plan de RTC-Canada, passant de 116,7 millions de C$ à 171,7 millions de C$, soit une augmentation d'environ 55 millions de C$. Toutes les autres dispositions principales de la facilité restent inchangées par rapport aux divulgations précédentes. Le texte complet de l'avenant est déposé en tant qu'Exhibit 10.1 et incorporé par référence.
Aucun autre élément, états financiers ou informations financières pro forma n'ont été inclus dans ce dépôt.
Rush Enterprises, Inc. (Nasdaq: RUSHA/RUSHB) hat ein Formular 8-K eingereicht, um bekannt zu geben, dass am 13. Juni 2025 seine Tochtergesellschaft Rush Truck Centres of Canada Limited (RTC-Canada), mit dem Unternehmen als Bürge, eine dritte Änderung des bestehenden Amended and Restated BMO Wholesale Financing and Security Agreement mit der Bank of Montreal (BMO) abgeschlossen hat.
Die Änderung erhöht die gesamte Kreditverpflichtung im Rahmen der RTC-Canada Floor Plan Kreditvereinbarung von 116,7 Millionen C$ auf 171,7 Millionen C$, was eine Erhöhung um rund 55 Millionen C$ darstellt. Alle anderen wesentlichen Bestimmungen der Vereinbarung bleiben unverändert. Der vollständige Text der Änderung ist als Anlage 10.1 eingereicht und durch Verweis aufgenommen.
Weitere Punkte, Finanzberichte oder Pro-forma-Finanzinformationen wurden in dieser Einreichung nicht enthalten.
FAQ
What did Rush Enterprises (RUSHB) announce in its June 13 2025 Form 8-K?
By how much was the BMO loan commitment increased?
Which Rush subsidiary is party to the amended agreement?
Where can investors find the full text of the amendment?
Were any financial statements or pro-forma data included with this filing?
