MercadoLibre amends $400 million revolving credit agreement, sets 2028 maturity
MercadoLibre entered into an amended and restated $400 million revolving credit agreement dated September 27, 2024, with Citibank, N.A. as administrative agent. It replaces the company's $400 million facility dated March 31, 2022, and the filing does not state any amount drawn. The new terms set a September 27, 2028 repayment date, with a possible extension to September 27, 2029, and require minimum cash, cash equivalents and short-term investments of $600 million.
Key points
- Facility size is $400 million, the same as the March 31, 2022 agreement it amends and restates.
- Interest is Term SOFR plus a 1.00% margin, which may be lowered to 0.90% or raised to 1.15% based on the company's debt rating.
- Loans must be repaid by September 27, 2028, extendable to September 27, 2029 if conditions are met on or before August 28, 2027.
- The agreement requires minimum cash, cash equivalents and short-term investments of $600 million.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.