{"schema_version":"secwatch.filing_event.v1","accession":"0001783879-24-000087","form_type":"8-K","ticker":"HOOD","cik":"0001783879","company_name":"Robinhood Markets, Inc.","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.518073+00:00","generated_at":"2026-06-04T09:09:51.970636+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Robinhood Securities amends credit facility to $2.25B, up to $3.375B possible","bullets":["Robinhood Securities enters Third Amended Credit Agreement, increasing revolving facility to $2.25B from $2.175B.","Facility has accordion feature allowing increase up to $3.375B.","No borrowings outstanding as of March 22, 2024; $2.25B available.","Tranche A margin 1.25%, Tranche B/C margin 2.50%, commitment fee 0.50%.","Maturity 364 days from March 22, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001783879-24-000087","json":"https://secwatch.observer/filing/0001783879-24-000087.json","markdown":"https://secwatch.observer/filing/0001783879-24-000087.md","text":"https://secwatch.observer/filing/0001783879-24-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1783879/000178387924000087/0001783879-24-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1783879/000178387924000087/hood-20240322.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:09:51.970636+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3f0a8e2e6df34dc16588c57a9a7831d37a0f4bee","claim":"Robinhood Markets, Inc. amended revolving credit of $2.25 billion total commitment; increased up to $3.375 billion with JPMorgan Chase Bank, N.A. at Daily Simple SOFR plus 0.10%, with applicable margin of 1.25% (Tranche A) and 2. maturing 364 days from March 22, 2024.","evidence_excerpt":"secured revolving credit facility entered into in March 2023. The Credit Agreement provides for a 364-day senior secured revolving credit facility with a total commitment of $2.25 billion. Under circumstances described in the Credit Agreement, the aggregate commitments may be increased by up to $1.125 billion, for a total commitment under the Credit Agreement of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387924000087/0001783879-24-000087-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$2.25 billion total commitment; increased up to $3.375 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Daily Simple SOFR plus 0.10%, with applicable margin of 1.25% (Tranche A) and 2."},{"label":"Maturity","value":"364 days from March 22, 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"eb0c48aea66977e9a8bee38b36eca9527c07f88b","claim":"Robinhood Markets, Inc. amended Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $2.25 billion (effective 2024-03-22).","evidence_excerpt":"On March 22, 2024, Robinhood Securities, LLC (“RHS”), a subsidiary of Robinhood Markets, Inc. (the “Registrant” or “RHM”), entered into the Third Amended and Restated Credit Agreement (the “Credit Agreement”) among RHS, as borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, amending and restating the $2.175 billion 364-day senior secured revolving credit facility entered into in March 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387924000087/0001783879-24-000087-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"$2.25 billion"},{"label":"Effective","value":"2024-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}