secwatch.observer — SEC 8-K summary
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Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001193125-24-127459
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DoorDash upsizes revolving credit facility to $800M from $400M; extends maturity to 2029
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- Revolving credit facility increased from $400M to $800M; letter of credit sublimit raised to $600M.
- No revolving loans outstanding; $111.4M in letters of credit drawn at April 26, 2024.
- Facility matures April 26, 2029; interest rate is SOFR + 1% or base rate + 0%.
- Proceeds for working capital and general corporate purposes; commitment fee 0.10% per annum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000119312524127459/0001193125-24-127459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000119312524127459/d819370d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-127459

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