RXO in its $500 million revolving credit facility and $100 million term loan credit facility

On October 18, 2022, RXO, Inc., a wholly owned subsidiary of XPO Logistics, Inc., entered into a $500 million Revolving Credit Agreement and a $100 million Term Loan Credit Agreement.  Citibank, N.A. is administrative agent.  RXO is expected to become a separate publicly traded company on the spin-off of XPO’s tech-enabled brokered transportation segment.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to XPO and RXO.