Item 1.01 Entry into a Material Definitive Agreement.

Amendment to Receivables Purchase Agreement

On February 1, 2022, C.H. Robinson Worldwide, Inc. (the "Company") entered into an amendment ("Amendment") to its existing Receivables Purchase Agreement dated as of November 19, 2021 among the Company, as initial master servicer and performance guarantor, C.H. Robinson Receivables, LLC, a wholly-owned subsidiary of the Company and bankruptcy-remote entity ("CHRR"), as seller, Bank of America, N.A. ("BoA") and Wells Fargo Bank, National Association ("Wells Fargo"), as committed purchasers, BofA and Wells Fargo, as purchaser agents, and BofA, as administrative agent, which provides a receivables securitization facility (the "Facility"). The Amendment primarily increases the funding available to CHRR under the Facility from $300 million to $500 million pursuant to the provisions of the existing Facility that permit CHRR to request an increase in the total commitment of up to $500 million.

Item 2.02 Results of Operations and Financial Condition.

The following information is being "furnished" in accordance with the General Instruction B.2 of Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Furnished herewith as Exhibits 99.1 and 99.2, respectively, and incorporated by reference herein are the text of the Company's announcement regarding its financial results for the quarter ended December 31, 2021 and its earnings conference call slides.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

The information in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.



(d)  Exhibits
Number       Description
99.1           Press Release dated February 2, 2022 of C.H. Robinson Worldwide, Inc.

99.2           Earnings conference call slides dated February 2, 2022

104          The cover page from the Current Report on Form 8-K formatted in Inline XBRL

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses