secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0001783879-24-000087
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood Securities amends credit facility to $2.25B, up to $3.375B possible
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000087/0001783879-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000087/hood-20240322.htm
  HTML page:      https://secwatch.observer/filing/0001783879-24-000087

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