Block upsizes revolving credit facility to $900M, extends maturity to 2031

Block, Inc.

Facility increased from $775M to $900M; matures January 14, 2031.
No borrowings or letters of credit outstanding as of closing date.
Loans bear interest at Term SOFR plus 1.25%-1.75% or base rate plus 0.25%-0.75%.
Proceeds for working capital and general corporate purposes.
Covenant includes maximum total net leverage ratio measured quarterly.

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 Amended and Restated Revolving Credit Agreement with Goldman Sachs Bank USA valued at amended and restated unsecured revolving loan facility from $775.0M to $900.0M (effective 2026-01-14).

Action: amendment
Agreement: credit facility
Counterparty: Goldman Sachs Bank USA
Value: amended and restated unsecured revolving loan facility from $775.0M to $900.0M
Effective: 2026-01-14

Exact text from the filing

On January 14, 2026, Block, Inc. ("Block") entered into an Amended and Restated Revolving Credit Agreement (the "Restated Credit Agreement"), among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as administrative agent ("Administrative Agent").

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Block, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-012944

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