share_log

Robinhood | 8-K: Robinhood Subsidiary Amends $2.175bn Credit Facility with JPMorgan Chase Bank

Robinhood | 8-K: Current report

Robinhood | 8-K：重大事件
SEC announcement ·  03/22 16:23
Moomoo AI 已提取核心信息
On March 22, 2024, Robinhood Markets, Inc., through its subsidiary Robinhood Securities, LLC, entered into a Third Amended and Restated Credit Agreement, amending its previous $2.175 billion credit facility. The new agreement, facilitated by JPMorgan Chase Bank, N.A. as the administrative agent, increases the total commitment to $2.25 billion with an option to extend it up to $3.375 billion. The credit facility is divided into three tranches, each with specific collateral and purposes, including financing margin loans and satisfying deposit and reserve requirements. Interest rates for the borrowings are determined by the highest of three benchmark rates plus a margin, which varies by tranche. Robinhood Securities, LLC is required to adhere to certain financial conditions and covenants, and as of the date of the agreement, no borrowings have been made, leaving the full $2.25 billion available.
On March 22, 2024, Robinhood Markets, Inc., through its subsidiary Robinhood Securities, LLC, entered into a Third Amended and Restated Credit Agreement, amending its previous $2.175 billion credit facility. The new agreement, facilitated by JPMorgan Chase Bank, N.A. as the administrative agent, increases the total commitment to $2.25 billion with an option to extend it up to $3.375 billion. The credit facility is divided into three tranches, each with specific collateral and purposes, including financing margin loans and satisfying deposit and reserve requirements. Interest rates for the borrowings are determined by the highest of three benchmark rates plus a margin, which varies by tranche. Robinhood Securities, LLC is required to adhere to certain financial conditions and covenants, and as of the date of the agreement, no borrowings have been made, leaving the full $2.25 billion available.
2024年3月22日，罗宾汉市场公司通过其子公司罗宾汉证券有限责任公司签订了第三份经修订和重述的信贷协议，对之前的21.75亿美元信贷额度进行了修改。新协议由作为行政代理人的北卡罗来纳州摩根大通银行推动，将承诺总额提高到22.5亿美元，并可选择将其延长至33.75亿美元。信贷额度分为三部分，每部分都有特定的抵押品和用途，包括为保证金贷款融资，满足存款和准备金要求。借款利率由三种基准利率中最高的利率加上利润率确定，利润率因批次而异。Robinhood Securities, LLC必须遵守某些财务条件和契约，截至协议签署之日，尚未进行任何借款，剩下全部22.5亿美元的可用资金。
2024年3月22日，罗宾汉市场公司通过其子公司罗宾汉证券有限责任公司签订了第三份经修订和重述的信贷协议，对之前的21.75亿美元信贷额度进行了修改。新协议由作为行政代理人的北卡罗来纳州摩根大通银行推动，将承诺总额提高到22.5亿美元，并可选择将其延长至33.75亿美元。信贷额度分为三部分，每部分都有特定的抵押品和用途，包括为保证金贷款融资，满足存款和准备金要求。借款利率由三种基准利率中最高的利率加上利润率确定，利润率因批次而异。Robinhood Securities, LLC必须遵守某些财务条件和契约，截至协议签署之日，尚未进行任何借款，剩下全部22.5亿美元的可用资金。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息