---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-052438"
form_type: "8-K"
ticker: "DOCU"
cik: "0001261333"
company_name: "DOCUSIGN, INC."
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T13:24:41.412851+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Docusign enters $750M revolving credit facility, due 2030, with accordion feature

## Summary
- Credit facility of $750M, up to $1B with accordion, matures May 21, 2030.
- Interest rates: base rate +0.25-0.75% or Term SOFR +1.25-1.75% (non-investment grade); lower if investment grade.
- No initial borrowings drawn; facility provides liquidity for general corporate purposes.
- Financial covenants: max leverage 3.75x, min interest coverage 3.00x (non-investment grade).
- Commitments from Bank of America, PNC, Citizens, JPMorgan, Morgan Stanley, SVB, U.S. Bank.

## SEC filing metadata
- accession: 0001104659-25-052438
- form_type: 8-K
- ticker: DOCU
- cik: 0001261333
- company_name: DOCUSIGN, INC.
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261333/000110465925052438/0001104659-25-052438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261333/000110465925052438/tm2515942d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-052438
- JSON: https://secwatch.observer/filing/0001104659-25-052438.json
- Plain text: https://secwatch.observer/filing/0001104659-25-052438.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.