---
schema_version: "secwatch.filing_event.v1"
accession: "0001506293-26-000143"
form_type: "8-K"
ticker: "PINS"
cik: "0001506293"
company_name: "PINTEREST, INC."
filed_at: "2026-10-15T20:36:58+00:00"
generated_at: "2026-10-15T20:38:13.680911+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pinterest enters $700 million amended revolving credit facility, replacing $500 million 2022 facility

## Summary
- Pinterest signed a five-year $700M revolving credit facility on Oct 15, 2026, with JPMorgan Chase Bank as administrative agent, replacing a $500M 2022 facility.
- Interest is adjusted term SOFR plus 1.25% or alternative base rate plus 0.25%; unused commitments carry a 0.10% annual commitment fee.
- Facility includes a $75M letter-of-credit sublimit with a 1.25% annual fee and an accordion up to the greater of $1,000M or 75% consolidated EBITDA.
- Covenant requires max net leverage ratio of 3.50x, increasing to 4.00x after certain acquisitions; obligations are secured by substantially all domestic assets.
- No amounts were outstanding as of Oct 15, 2026, and Pinterest stated it is in compliance with all covenants.

## SEC filing metadata
- accession: 0001506293-26-000143
- form_type: 8-K
- ticker: PINS
- cik: 0001506293
- company_name: PINTEREST, INC.
- filed_at: 2026-10-15T20:36:58+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506293/000150629326000143/0001506293-26-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506293/000150629326000143/pins-20261015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001506293-26-000143
- JSON: https://secwatch.observer/filing/0001506293-26-000143.json
- Plain text: https://secwatch.observer/filing/0001506293-26-000143.txt

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