---
schema_version: "secwatch.filing_event.v1"
accession: "0001828972-23-000170"
form_type: "8-K"
ticker: "BZFD"
cik: "0001828972"
company_name: "BuzzFeed, Inc."
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T07:02:19.953223+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BuzzFeed amends credit line to allow up to $7.35M in overadvances through Dec 2023

## Summary
- Third Amendment permits overadvances up to $7.35M during Sep 26, 2023 to Dec 31, 2023 period.
- Interest rate margin increases by 0.75% (to 4.50%-5.00%) while overadvances are outstanding.
- Borrower must maintain at least $30M in Unrestricted Cash, Undrawn Availability, and similar funds.
- BuzzFeed pays a $100,000 fee and reaffirms all security interests in IP and other assets.
- Amendment is with White Oak Commercial Finance, LLC as administrative agent and lender.

## SEC filing metadata
- accession: 0001828972-23-000170
- form_type: 8-K
- ticker: BZFD
- cik: 0001828972
- company_name: BuzzFeed, Inc.
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000170/0001828972-23-000170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000170/bzfd-20230926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828972-23-000170
- JSON: https://secwatch.observer/filing/0001828972-23-000170.json
- Plain text: https://secwatch.observer/filing/0001828972-23-000170.txt

## Key facts
- Material Agreements
  BuzzFeed, Inc. amended Third Amendment with White Oak Commercial Finance, LLC (effective 2023-09-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: White Oak Commercial Finance, LLC
  - Effective: 2023-09-26
  source text: On September 26, 2023, BuzzFeed, Inc. (the “Company”), BuzzFeed Media Enterprises, Inc., as administrative borrower, certain of the Company’s other domestic subsidiaries and foreign subsidiaries, as borrowers and/or guarantors, White Oak Commercial Finance, LLC, as administrative agent, and the other lenders from time to time party thereto, entered into the Third Amendment to the Amended and Restated Loan and Security Agreement (the “Third Amendment”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000170/0001828972-23-000170-index.htm

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