---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-24-000073"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:26:10.841372+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Affirm issues $920M of 0.75% convertible notes due 2029, repurchases $960M of 2026 notes and $250M stock

## Summary
- Issued $920M aggregate principal of 0.75% Convertible Senior Notes due 2029, including $120M overallotment exercised.
- Initial conversion rate 9.8992 shares per $1,000 principal, conversion price ~$101.02 per share.
- Repurchased $960M of 0% convertible notes due 2026 for $892.8M in privately negotiated transactions.
- Repurchased 3,526,590 shares of Class A common stock for ~$250M from note purchasers.
- Notes mature December 15, 2029; interest payable semiannually starting June 15, 2025.

## SEC filing metadata
- accession: 0001820953-24-000073
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000073/0001820953-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000073/afrm-20241220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-24-000073
- JSON: https://secwatch.observer/filing/0001820953-24-000073.json
- Plain text: https://secwatch.observer/filing/0001820953-24-000073.txt

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