Block amends revolving credit agreement to add flexibility for receivables financings

Block, Inc.

Eighth Amendment to existing $1.0B+ revolving credit facility, effective March 29, 2024.
Amendment provides expanded flexibility for warehouse, securitization, and receivables financings.
No new borrowing or change in commitment amounts; existing lenders consenting.
Goldman Sachs Bank USA remains administrative agent; lenders include JPMorgan, Wells Fargo, Morgan Stanley.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Block, Inc. amended Eighth Amendment to Revolving Credit Agreement with Goldman Sachs Bank USA, as administrative agent (effective 2024-03-29).

Action: amendment
Agreement: credit facility
Counterparty: Goldman Sachs Bank USA, as administrative agent
Effective: 2024-03-29

Exact text from the filing

On March 29, 2024, Block, Inc. (formerly known as Square, Inc.) (“Block”) entered into the Eighth Amendment to Revolving Credit Agreement, among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as administrative agent (the “Revolver Amendment”).

View on SEC.gov

294 material agreements filed in the last 30 days. Browse all material agreements →

Block, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-083382

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.