secwatch / observer
8-K filed June 1, 2026, 9:06 AM ET ticker DBX CIK 0001467623
other material confidence high sentiment positive materiality 0.70

DROPBOX, INC. (DBX): debt financing — Dropbox secures $400M revolving credit facility, authorizes $900M share repurchase program

DROPBOX, INC.

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

DROPBOX, INC. incurred revolving credit of up to $400 million with JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger and Bookrunner; Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger at at either (a) an alternate base rate...plus a margin ranging from 2.00% to 2.50% maturing December 11, 2029.

Instrument
revolving credit
Principal
up to $400 million
Counterparty
JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger and Bookrunner; Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger
Rate
at either (a) an alternate base rate...plus a margin ranging from 2.00% to 2.50%
Maturity
December 11, 2029
Event
incurrence
Exact text from the filing
Agent and Collateral Agent, the “Agent”) and Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger, providing the Company with up to $400 million in borrowing capacity (the loans thereunder, the “Revolving Loans”), including a $65.0 million sublimit for the issuance of letters of credit and a $15.0 million sublimit for
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DROPBOX, INC. amended Amendment No. 2 to Credit and Guaranty Agreement with the guarantors party thereto, the lenders party thereto, the issuing bank party thereto and the administrative and collateral agent (effective 2026-06-01).

Action
amendment
Agreement
credit facility
Counterparty
the guarantors party thereto, the lenders party thereto, the issuing bank party thereto and the administrative and collateral agent
Effective
2026-06-01
Exact text from the filing
On June 1, 2026, the Company entered into Amendment No. 2 (the “Second Amendment”) to its existing Credit and Guaranty Agreement, dated as of December 11, 2024, as amended by Amendment No. 1 to Credit and Guaranty Agreement, dated as of September 9, 2025 ( the “Existing Term Loan Credit Agreement”), by and among the Company, the guarantors party thereto, the lenders party thereto, the issuing bank party thereto and the administrative and collateral agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DROPBOX, INC. entered into Revolving Credit and Guaranty Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger and Bookrunner and Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger valued at up to $400 million (effective 2026-06-01).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger and Bookrunner and Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger
Value
up to $400 million
Effective
2026-06-01
Exact text from the filing
On June 1, 2026, Dropbox, Inc. (the “Company”) entered into a Revolving Credit and Guaranty Agreement (the “Revolving Credit Agreement”), by and among the Company, as borrower, the guarantors party thereto, the lenders party thereto (the “Lenders”), the issuing banks party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger and Bookrunner (in its capacities as the Administrative Agent and Collateral Agent, the “Agent”) and Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger, providing the Company with up to $400 million in borrowing capacity
View on SEC.gov

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DROPBOX, INC. filing history →

Source: SEC EDGAR
accession 0001467623-26-000040
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