Yelp Inc. has amended its existing Revolving Credit and Guaranty Agreement, initially dated April 28, 2023, by entering into a First Amendment with a group of lenders, including JPMorgan Chase Bank, N.A. and Wells Fargo Bank, National Association. The amendment increases Yelp's total borrowing capacity to $325 million and raises the letter of credit sub-limit to $35 million. Additionally, Wells Fargo replaces JPMorgan Chase as the administrative and collateral agent. As of the amendment date, Yelp has no outstanding loans under the agreement and $4.2 million in letters of credit issued. Other key terms, including interest rates and covenants, remain unchanged.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yelp! Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001345016-25-000086), on December 19, 2025, and is solely responsible for the information contained therein.
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