---
schema_version: "secwatch.filing_event.v1"
accession: "0001713445-25-000173"
form_type: "8-K"
ticker: "RDDT"
cik: "0001713445"
company_name: "Reddit, Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:39:23.774268+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Reddit enters amended credit agreement reducing revolver to $500M, extending maturity to 2030

## Summary
- Entered $500M revolver (reduced from prior) maturing July 1, 2030, amending existing credit agreement.
- Maturity extended to July 1, 2030; letter of credit sublimit maintained at $100M.
- Removed credit spread adjustments from interest rate calculations; pricing otherwise substantially similar.
- Financial covenants modified to include a maximum total leverage ratio beginning after July 1, 2025.
- Collateral includes substantially all assets; guarantees/collateral to fall away upon investment grade ratings from two agencies.

## SEC filing metadata
- accession: 0001713445-25-000173
- form_type: 8-K
- ticker: RDDT
- cik: 0001713445
- company_name: Reddit, Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713445/000171344525000173/0001713445-25-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713445/000171344525000173/rddt-20250701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001713445-25-000173
- JSON: https://secwatch.observer/filing/0001713445-25-000173.json
- Plain text: https://secwatch.observer/filing/0001713445-25-000173.txt

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