secwatch.observer — SEC 8-K summary
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Issuer:     MERCADOLIBRE INC (MELI)
CIK:        0001099590
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001171843-22-002241
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MercadoLibre enters $400M revolving credit facility maturing March 2025
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- Credit agreement with Citibank as admin agent; $400M revolving facility for general corporate purposes.
- Interest rate set at Adjusted Term SOFR plus 1.25% per annum; loans due by March 31, 2025.
- Company must maintain at least $600M in cash, cash equivalents, and short-term investments.
- Initial guarantors include subsidiaries such as Mercado Pago and Mercado Libre Chile.
- Facility contains customary covenants, events of default, and change-of-control provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099590/000117184322002241/0001171843-22-002241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099590/000117184322002241/f8k_033122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-002241

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