H&R Block Inc. has announced a significant amendment to its existing corporate loan agreement. On July 11, 2025, Block Financial LLC, a wholly-owned subsidiary of H&R Block, entered into the Fifth Amended and Restated Credit and Guarantee Agreement. This amendment extends the maturity date of the credit facility from June 11, 2026, to July 11, 2030, while maintaining the aggregate principal amount at $1.5 billion. The amendment also includes revisions to the applicable interest rate table, although other material terms remain substantially unchanged. JPMorgan Chase Bank, N.A. continues to serve as the administrative agent for the facility. This strategic move ensures long-term financial stability and flexibility for H&R Block.
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