Universal Logistics Holdings, Inc. Completes $195.9 Million Credit Tenant Lease Financing

Universal Logistics Holdings, Inc. (Universal) announced that its subsidiary, UDOT CTL-Funding, LLC, completed a credit tenant lease financing transaction on October 22, 2025. The subsidiary issued a senior secured promissory note in the principal amount of approximately $195.9 million to Wilmington Trust, National Association, as trustee of the Ford (Stanton, TN) Lease-Backed Pass-Through Trust. The note bears interest at a fixed rate of 6.84% per annum, with monthly payments of principal and interest, and matures on November 15, 2034. The note is secured by a leasehold deed of trust, security agreement, and assignment of leases and rents encumbering the subsidiary's subleasehold interest in the financed property. Universal also executed a limited guaranty and environmental indemnity agreement in favor of the trustee. Additionally, Universal's board of directors appointed Marcus D. Hudson as a member of its audit committee, effective immediately.