DocuSign Inc.
DocuSign enters into a $750M Credit Agreement
Summary
On May 21, 2025, DocuSign, Inc. entered into a credit agreement by and among the Company, certain subsidiaries, the Lenders, Bank of America, N.A. as administrative agent, and BofA Securities, Inc. and PNC Bank, National Association, as joint lead arrangers and joint bookrunners. The agreement provides for a revolving credit facility in an aggregate principal amount of $750,000,000, with an option to increase by an additional $250,000,000. The interest rates and fees vary based on the Company's leverage ratio and investment grade rating status. The agreement includes customary representations, warranties, covenants, and events of default. The obligations under the Credit Agreement are guaranteed by certain subsidiaries and secured by a first priority security interest in the Company's assets.
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Exhibits (1)
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About DocuSign Inc.
DocuSign Inc. operates as a global leader in electronic signature technology and digital transaction management services. Their primary purpose is to facilitate the transition from paper-based agreements to electronic transactions, significantly enhancing efficiency and reducing environmental impact. DocuSign's platform enables individuals and businesses across various sectors, including real estate, finance, healthcare, and government, to securely sign, send, and manage documents online, thus streamlining workflows and ensuring compliance with legal standards. As the pioneer of e-signature technology, DocuSign plays a critical role in the digital transformation of how agreements are executed around the world. Founded in 2003 and headquartered in San Francisco, the company serves millions of users, leveraging innovations in cloud computing to offer scalable solutions that cater to enterprises of all sizes. As remote work and digital transactions become increasingly prevalent, DocuSign's solutions continue to gain importance, underscoring its pivotal role in the modernization of document management and transaction processes across industries.
Official SEC Documents
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