Pinterest, Inc. entered into an amended and restated five-year $700 million revolving credit facility on October 15, 2026, which replaced its previous $500 million facility from 2022. The new agreement includes an accordion option allowing increases up to the greater of $1 billion or 75% of consolidated EBITDA. Interest accrues at adjusted SOFR plus 1.25% or an alternative base rate plus 0.25%. The facility is secured by domestic assets but becomes unsecured if the company achieves investment grade ratings from two agencies. There are currently no amounts outstanding under this credit line as of the filing date. Pinterest operates in the social media and visual discovery industry.
