Wayfair Inc. (W): debt financing — Wayfair issues $700M 7.75% senior secured notes due 2030, repurchases $578M of 2026 convertible notes

Wayfair Inc.

Issued $700M aggregate principal of 7.750% senior secured notes due September 15, 2030.
Used ~$551M of net proceeds to repurchase ~$578M aggregate principal of 1.00% convertible notes due 2026.
Remaining proceeds for general corporate purposes, including potential repurchase of other convertible notes.
Entered into amended credit agreement providing $500M senior secured revolver maturing 2030.
The notes and credit facility are secured by substantially all assets of Wayfair and its subsidiaries.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Wayfair Inc. incurred senior notes of $700 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.750% per annum maturing September 15, 2030.

Instrument: senior notes
Principal: $700 million aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 7.750% per annum
Maturity: September 15, 2030
Event: incurrence

Exact text from the filing

issued $700 million aggregate principal amount of 7.750% senior secured notes due 2030

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.7

Wayfair Inc. amended credit facility with Citibank, N.A..

Instrument: credit facility
Counterparty: Citibank, N.A.
Event: amendment

Exact text from the filing

LC, a subsidiary of Wayfair, as borrower (the “Borrower”), entered into that certain amended and restated credit agreement (the “Amended and Restated Credit Agreement”), among Wayfair, the Borrower, the lenders and letter of credit issuers parties thereto and Citibank, N.A., in its capacity as administrative agent, collateral agent and a letter of credit issuer.

View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

Wayfair Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-054415

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.