---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-151700"
form_type: "8-K"
ticker: "CSGP"
cik: "0001057352"
company_name: "COSTAR GROUP, INC."
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:04:03.882056+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CoStar Group enters new $1.1B revolving credit facility maturing 2029

## Summary
- Replaces prior $1.1B credit agreement dated July 1, 2020.
- Matures five years from May 24, 2024; interest rate tied to debt rating (ABR spread 0.125%–0.750%; SOFR spread 1.125%–1.750%).
- Financial covenant requires Total Leverage Ratio ≤ 4.50 to 1.00 tested quarterly.
- Letter of credit sublimit of $20 million; proceeds for general corporate purposes.
- Arrangers include BofA Securities, BNP Paribas, Citibank, JPMorgan, PNC, Santander.

## SEC filing metadata
- accession: 0001193125-24-151700
- form_type: 8-K
- ticker: CSGP
- cik: 0001057352
- company_name: COSTAR GROUP, INC.
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057352/000119312524151700/0001193125-24-151700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057352/000119312524151700/d794196d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-151700
- JSON: https://secwatch.observer/filing/0001193125-24-151700.json
- Plain text: https://secwatch.observer/filing/0001193125-24-151700.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.