NasdaqGS:MRTNTransportation
Marten Transport (MRTN) Expands Credit Facility, Is The Rebound Already Priced In?
Marten Transport (MRTN) has expanded its existing credit agreement, raising the maximum aggregate principal amount under its unsecured revolving facility to $105 million and increasing the letters of credit sublimit to $35 million.
See our latest analysis for Marten Transport.
The credit agreement amendment comes after a strong run in Marten Transport’s 90 day share price return of 35.85% and a 1 year total shareholder return of 37.35%. However, the 3 year total shareholder return is down...