secwatch.observer — SEC 8-K summary
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Issuer:     ROKU, INC (ROKU)
CIK:        0001428439
Form:       8-K
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0001140361-24-041308
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roku enters $300M revolving credit facility, maturing 2029, with option to increase
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- Five-year $300M revolving credit facility, with up to $300M uncommitted increase option.
- Includes $100M sub-facility for letters of credit; Citibank N.A. is administrative agent.
- Borrowings may be used for general corporate purposes, including working capital.
- Facility secured by substantially all assets; covenants require minimum interest coverage and max leverage.
- Lenders include Citibank, MUFG, Bank of America; matures September 16, 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428439/000114036124041308/0001140361-24-041308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428439/000114036124041308/ef20035899_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-041308

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