Form 8-K Warby Parker Inc. For: Feb 21

Go back to Form 8-K Warby Parker Inc. For: Feb 21

Warby Parker (WRBY) Enters $120M Credit Agreement

February 23, 2024 4:18 PM EST

On February 21, 2024, Warby Parker (NYSE: WRBY), a Delaware public benefit corporation, and Warby Parker Retail, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (together, the Borrowers), entered into a Credit Agreement (the Credit Agreement) with JPMorgan Chase Bank, N.A., Citibank, N.A., the other lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent (the Agent).

The Credit Agreement provides for a revolving credit facility with borrowing capacity up to $120,000,000 at any time outstanding. The Credit Agreement also contains an uncommitted accordion feature pursuant to which... More