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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.(前身为Square, Inc.)宣布通过第八修正案成功修订其循环信贷协议。该修正案是在贷款人和作为行政代理人的美国高盛银行的参与下执行的。Revolver修正案是可追溯到2020年5月1日最初协议的一系列修正案中的最新一项,旨在为Block及其子公司在仓库设施、证券化设施和涉及应收账款或其他支付权的应收账款融资方面提供更大的灵活性。左轮手枪修正案的细节在附录10.1中披露,该附录以引用方式纳入向美国证券交易委员会提交的8-K表中。这一战略财务举措预计将增强 Block 的财务运营并支持其持续的增长计划。
2024年3月29日,Block, Inc.(前身为Square, Inc.)宣布通过第八修正案成功修订其循环信贷协议。该修正案是在贷款人和作为行政代理人的美国高盛银行的参与下执行的。Revolver修正案是可追溯到2020年5月1日最初协议的一系列修正案中的最新一项,旨在为Block及其子公司在仓库设施、证券化设施和涉及应收账款或其他支付权的应收账款融资方面提供更大的灵活性。左轮手枪修正案的细节在附录10.1中披露,该附录以引用方式纳入向美国证券交易委员会提交的8-K表中。这一战略财务举措预计将增强 Block 的财务运营并支持其持续的增长计划。
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