---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-21-000126"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2021-12-13T23:59:59+00:00"
generated_at: "2026-06-28T01:48:22.606701+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Affirm terminates $185M revolver after $1.725B convertible note issuance

## Summary
- Credit Agreement terminated effective Dec 15, 2021; no amount outstanding.
- Initial lender commitments totaled $185 million.
- Termination follows $1.725B 0% Convertible Senior Notes due 2026 issued Nov 23, 2021.
- No early termination penalties were incurred.

## SEC filing metadata
- accession: 0001820953-21-000126
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2021-12-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095321000126/0001820953-21-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095321000126/afrm-20211210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-21-000126
- JSON: https://secwatch.observer/filing/0001820953-21-000126.json
- Plain text: https://secwatch.observer/filing/0001820953-21-000126.txt

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