---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-26-000050"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2026-11-10T21:10:05+00:00"
generated_at: "2026-11-10T21:11:10.832736+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Peloton upsizes to $700M of 8.625% senior secured notes due 2032 to repay $1.0B term loan

## Summary
- Offering upsized from $600.0M to $700.0M; notes carry an 8.625% annual rate, expected to settle Nov. 20, 2026, yielding ~$700.0M gross proceeds before fees.
- Net proceeds plus cash on hand will repay all term loans under the existing $1.0B five-year term loan facility, which will be terminated in connection with the repayment.
- Company also proposes a $200.0M five-year revolving credit facility as part of the refinancing; the offering is not conditioned on the revolver or the term loan repayment.
- Remaining proceeds earmarked for general corporate purposes, which may include repurchases of Class A common stock, capex, working capital and acquisitions.
- Notes are senior secured obligations sold privately under Rule 144A and Regulation S; terms beyond the rate and 2032 maturity were not disclosed.

## SEC filing metadata
- accession: 0001639825-26-000050
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2026-11-10T21:10:05+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000163982526000050/0001639825-26-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982526000050/pton-20261109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-26-000050
- JSON: https://secwatch.observer/filing/0001639825-26-000050.json
- Plain text: https://secwatch.observer/filing/0001639825-26-000050.txt

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