Remitly Global, Inc. — Form 10-Q
Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 18/100
What the filing says
Remitly Global amended its existing $550M revolving credit facility dated June 24, 2025 on June 15, 2026. Amendment No. 1 made technical and administrative modifications to the credit agreement and updated schedules (Schedule 1.1E for existing letters of credit and Exhibit B). The amendment was signed by JPMorgan Chase (administrative agent and lender), Bank of America, Wells Fargo, Barclays, Citizens Bank, Goldman Sachs, MUFG, and First-Citizens Bank. No new facilities, increased commitments, or material economic terms were disclosed in the filing excerpts.
Why this rating
Routine credit agreement amendment with administrative changes. No disclosed facility expansion, covenant amendments, or economic term changes. Small relative to $3.2B company market value.
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