secwatch / observer
8-K filed January 25, 2024, 6:59 PM ET ticker EBAY CIK 0001065088
debt confidence high sentiment neutral materiality 0.40

eBay enters $2.0B new five-year revolver, replaces prior facility

EBAY INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

EBAY INC entered into Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent; certain lenders named therein; Citibank, N.A. and Deutsche Bank Securities Inc., as Syndication Agents; Bank of America, N.A., HSBC Bank USA, National Association and Wells Fargo Bank, National Association, as Documentation Agents; and JPMorgan Cha valued at $2.0 billion five-year revolving credit facility (effective 2024-01-25).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as Administrative Agent; certain lenders named therein; Citibank, N.A. and Deutsche Bank Securities Inc., as Syndication Agents; Bank of America, N.A., HSBC Bank USA, National Association and Wells Fargo Bank, National Association, as Documentation Agents; and JPMorgan Cha
Value
$2.0 billion five-year revolving credit facility
Effective
2024-01-25
Exact text from the filing
On January 25, 2024, eBay Inc. (the “Company”), as borrower, entered into a credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Administrative Agent; certain lenders named therein; Citibank, N.A. and Deutsche Bank Securities Inc., as Syndication Agents; Bank of America, N.A., HSBC Bank USA, National Association and Wells Fargo Bank, National Association, as Documentation Agents; and JPMorgan Chase Bank, N.A., BofA Securities, Inc., Citibank, N.A., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Bookrunners.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

EBAY INC terminated Prior Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent; the lenders party thereto (effective 2024-01-25).

Action
termination
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as Administrative Agent; the lenders party thereto
Effective
2024-01-25
Exact text from the filing
The Credit Agreement replaced the Company’s prior $2.0 billion unsecured revolving Credit Agreement, dated as of March 6, 2020 (as amended, the “Prior Credit Agreement”), among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, which was terminated effective January 25, 2024.
View on SEC.gov

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Source: SEC EDGAR
accession 0001552781-24-000019
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