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Block | 8-K: Entry into a Eighth Amendment to Revolving Credit Agreement

Block | 8-K: Current report

Block | 8-K:重大事件
美股SEC公告 ·  04/01 16:18

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On March 29, 2024, Block, Inc., previously known as Square, Inc., announced the successful amendment of its Revolving Credit Agreement through the Eighth Amendment. This amendment was executed with the participation of lenders and Goldman Sachs Bank USA as the administrative agent. The Revolver Amendment, which is the latest in a series of amendments dating back to the original agreement on May 1, 2020, aims to provide Block and its subsidiaries with increased flexibility regarding warehouse facilities, securitization facilities, and receivables financings that involve accounts receivable or other rights to payment. The details of the Revolver Amendment are disclosed in Exhibit 10.1, which is incorporated by reference into the Form 8-K filed with the SEC. This strategic financial move is expected to enhance Block's financial operations and support its ongoing growth initiatives.
On March 29, 2024, Block, Inc., previously known as Square, Inc., announced the successful amendment of its Revolving Credit Agreement through the Eighth Amendment. This amendment was executed with the participation of lenders and Goldman Sachs Bank USA as the administrative agent. The Revolver Amendment, which is the latest in a series of amendments dating back to the original agreement on May 1, 2020, aims to provide Block and its subsidiaries with increased flexibility regarding warehouse facilities, securitization facilities, and receivables financings that involve accounts receivable or other rights to payment. The details of the Revolver Amendment are disclosed in Exhibit 10.1, which is incorporated by reference into the Form 8-K filed with the SEC. This strategic financial move is expected to enhance Block's financial operations and support its ongoing growth initiatives.
2024年3月29日,Block, Inc.(前身爲Square, Inc.)宣佈通過第八修正案成功修訂其循環信貸協議。該修正案是在貸款人和作爲行政代理人的美國高盛銀行的參與下執行的。Revolver修正案是可追溯到2020年5月1日最初協議的一系列修正案中的最新一項,旨在爲Block及其子公司在倉庫設施、證券化設施和涉及應收賬款或其他支付權的應收賬款融資方面提供更大的靈活性。左輪手槍修正案的細節在附錄10.1中披露,該附錄以引用方式納入向美國證券交易委員會提交的8-K表中。這一戰略財務舉措預計將增強 Block 的財務運營並支持其持續的增長計劃。
2024年3月29日,Block, Inc.(前身爲Square, Inc.)宣佈通過第八修正案成功修訂其循環信貸協議。該修正案是在貸款人和作爲行政代理人的美國高盛銀行的參與下執行的。Revolver修正案是可追溯到2020年5月1日最初協議的一系列修正案中的最新一項,旨在爲Block及其子公司在倉庫設施、證券化設施和涉及應收賬款或其他支付權的應收賬款融資方面提供更大的靈活性。左輪手槍修正案的細節在附錄10.1中披露,該附錄以引用方式納入向美國證券交易委員會提交的8-K表中。這一戰略財務舉措預計將增強 Block 的財務運營並支持其持續的增長計劃。
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