secwatch.observer — SEC 8-K summary
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Issuer:     BILL Holdings, Inc. (BILL)
CIK:        0001786352
Form:       8-K
Filed at:   2022-09-02T23:59:59+00:00
Accession:  0001193125-22-237898
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Bill.com increases Divvy warehouse facility from $75M to $225M, extends maturity
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- Divvy Peach amended credit facility to $225M, up from $75M.
- Maturity extended to June 3, 2024.
- Interest rate: SOFR or Adjusted Benchmark plus 2.65%-2.75% margin.
- Bill.com provides a limited guaranty on the facility.
- Facility secured by Divvy charge card receivables.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786352/000119312522237898/0001193125-22-237898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786352/000119312522237898/d401703d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-237898

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer