---
schema_version: "secwatch.filing_event.v1"
accession: "0001468327-23-000337"
form_type: "8-K"
ticker: "RENT"
cik: "0001468327"
company_name: "Rent the Runway, Inc."
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T17:55:18.965927+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rent the Runway amends credit facility; eliminates interest for six quarters, cuts liquidity minimum to $30M

## Summary
- Eliminates all cash and PIK interest for six fiscal quarters starting Q4 FY2023.
- Reduces minimum liquidity covenant from $50M to $30M.
- Imposes caps on inventory capex, fixed opex, and marketing for FY2024; levels consistent with profitability goals.
- Amendment with lender Double Helix (Temasek) signed Dec 1, 2023; no default or event of default occurred.
- Borrower represented all representations and warranties true in all material respects.

## SEC filing metadata
- accession: 0001468327-23-000337
- form_type: 8-K
- ticker: RENT
- cik: 0001468327
- company_name: Rent the Runway, Inc.
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000337/0001468327-23-000337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000337/wdq-20231201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001468327-23-000337
- JSON: https://secwatch.observer/filing/0001468327-23-000337.json
- Plain text: https://secwatch.observer/filing/0001468327-23-000337.txt

## Key facts
- Material Agreements
  Rent the Runway, Inc. amended Tenth Amendment to Credit Agreement with Double Helix Pte Ltd. (effective 2023-12-01).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Double Helix Pte Ltd.
  - Effective: 2023-12-01
  source text: On December 1, 2023, Rent the Runway, Inc. (the “Company”) entered into a Tenth Amendment to Credit Agreement (the “Credit Facility Amendment”) with respect to its term loan agreement dated as of July 23, 2018, as amended to date, with Double Helix Pte Ltd. (“Double Helix”), an indirectly wholly-owned subsidiary of Temasek Holdings (Private) Limited, as administrative agent for the lenders party thereto (the “Lenders”) which is referred to as the Credit Facility (as amended by the Credit Facility Amendment, the “Amended Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000337/0001468327-23-000337-index.htm

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