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Pinterest PINS

Pinterest expands credit facility to $700M

Form
8-K
Filed
Importance
Routine
  1. Amended credit facility of $700M replaces previous $500M facility
  2. Includes accordion option to increase by up to $1B
  3. Interest rates at adjusted SOFR +1.25% or base rate +0.25%
  4. Requires 0.10% annual commitment fee on unused funds

Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.

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Data on this page was fetched . The filing on SEC.gov is the record.