Pinterest enters five-year $700 million revolving credit facility on Oct. 15, 2026
PINS•Pinterest entered a five-year $700 million revolving credit facility on Oct. 15, replacing its previous $500 million facility. The new facility includes an accordion option to increase commitments by up to $1 billion or 75% of consolidated EBITDA and allows up to $75 million in letters of credit.
1. Credit facility details
Pinterest entered a five-year $700 million revolving credit facility on Oct. 15, 2026, replacing its previous $500 million facility entered into in 2022 and amended in 2023. The new facility includes an accordion option to increase commitments by up to $1 billion or 75% of consolidated EBITDA, and permits letters of credit up to $75 million, which reduce the amount the company can borrow.
