---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-012944"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2026-01-14T23:59:59+00:00"
generated_at: "2026-05-16T10:24:33.489718+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-012944
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2026-01-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512673/000119312526012944/0001193125-26-012944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312526012944/d943166d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-012944
- JSON: https://secwatch.observer/filing/0001193125-26-012944.json
- Plain text: https://secwatch.observer/filing/0001193125-26-012944.txt

## Key facts
- Material Agreements
  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
  source text: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512673/000119312526012944/0001193125-26-012944-index.htm

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