---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-25-000086"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:32:20.015139+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Yelp amends credit facility, ups borrowing capacity to $325M, appoints Wells Fargo as agent

## Summary
- Total borrowing capacity increased to $325M; letter of credit sub-limit raised to $35M.
- Wells Fargo Bank replaces JPMorgan Chase as administrative and collateral agent.
- No loans outstanding; $4.2M in letters of credit issued as of December 18, 2025.
- No material changes to interest rates, fees, covenants, or defaults under the agreement.

## SEC filing metadata
- accession: 0001345016-25-000086
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501625000086/0001345016-25-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501625000086/yelp-20251218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-25-000086
- JSON: https://secwatch.observer/filing/0001345016-25-000086.json
- Plain text: https://secwatch.observer/filing/0001345016-25-000086.txt

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