Roku enters $300 million five-year revolving credit facility maturing September 2029
On September 16, 2024, Roku entered into a credit agreement with Citibank N.A. as administrative agent, providing a five-year revolving credit facility of up to $300 million. The facility is secured by substantially all assets of Roku and its guarantor subsidiaries and includes financial covenants on interest coverage and net leverage.
Key points
- Five-year revolving credit facility of up to $300 million, maturing September 16, 2029
- Uncommitted increase option of up to an additional $300 million, subject to customary conditions
- $100 million sub-facility for letters of credit; certain existing letters of credit will be deemed outstanding under it
- Covenants require a minimum interest coverage ratio and a maximum total net leverage ratio
The filing
Written by AI on Nov 8, 2026, 12:42 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 September 17, 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.