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BuzzFeed (NASDAQ: BZFD) pushes $5M loan repayment to Feb. 27

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

BuzzFeed, Inc. entered into a consent agreement with its lenders that pushes back a required principal payment under its existing Credit Agreement. The company was scheduled to repay $5.0 million of principal on February 20, 2026. With the new Consent Letter, the due date for this payment is changed to February 27, 2026, giving BuzzFeed an additional week to make the required payment.

The filing notes that if the $5.0 million payment is not made when due on the revised date, and remains unpaid after any applicable cure period, an event of default would occur under the Credit Agreement. In that case, and absent a waiver or further amendment, the lenders would be permitted to exercise contractual remedies as provided in the Credit Agreement.

Positive

  • None.

Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): February 20, 2026
BuzzFeed, Inc.
(Exact name of registrant as specified in its charter)
Delaware001-3987785-3022075
(State or other jurisdiction of
 incorporation or organization)		(Commission
 File Number)		(I.R.S. Employer
 Identification Number)
50 West 23rd Street
New York, New York 10010
(Address of registrant’s principal executive offices, and zip code)
(646) 397-2039
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:


Title of each class 
Trading
 Symbol(s)
 
Name of each exchange
 on which registered
Class A Common Stock, $0.0001 par value per share BZFD The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of approximately $46.00 per share BZFDW The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨






Item 1.01 Entry into a Material Definitive Agreement.
Under the Credit Agreement, dated as of May 23, 2025 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), BuzzFeed, Inc. (the “Company”), BuzzFeed Media Enterprises, Inc., a wholly-owned subsidiary of the Company, and certain of the Company’s other domestic and Canadian subsidiaries as borrowers and guarantors (the “Borrowers”) were required to repay $5.0 million of principal on February 20, 2026 to the financial institutions party thereto (the “Lenders”). On February 20, 2026, the Lenders and Sound Point Agency LLC, as agent for the Lenders, consented to amend Section 2.05(b)(iii) of the Credit Agreement by deleting “February 20, 2026” as the due date for the repayment of the $5 million of principal and inserting instead “February 27, 2026” (the “Consent Letter”).
If the $5.0 million payment is not made when due, and remains unpaid following the expiration of any applicable cure period as defined in the Credit Agreement, an event of default would occur. Such a default, absent a waiver or amendment from the Lender, would permit the Lender to exercise its contractual remedies, subject to the terms and conditions of the Credit Agreement. For further information regarding the Credit Agreement's terms, refer to the Current Report filed on Form 8-K dated May 23, 2025.
The foregoing description of the Consent Letter does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Consent Letter, which is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Description
10.1
Consent Letter, dated February 20, 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:2/24/2026  
  BuzzFeed, Inc.
    
  By: /s/ Jonah Peretti
   Name: Jonah Peretti
   Title: Chief Executive Officer



Source: View Original Filing on SEC EDGAR

FAQ

What change did BuzzFeed (BZFD) disclose regarding its loan payment?

BuzzFeed disclosed that lenders agreed to move a required $5.0 million principal repayment under its Credit Agreement from February 20, 2026 to February 27, 2026, providing a one-week extension on the scheduled debt payment.

How much debt is affected in BuzzFeed’s (BZFD) latest 8-K filing?

The filing covers a required principal repayment of $5.0 million under BuzzFeed’s existing Credit Agreement. The only change disclosed is the due date for this specific payment, shifted from February 20, 2026 to February 27, 2026.

What happens if BuzzFeed (BZFD) misses the rescheduled $5M payment?

If BuzzFeed does not make the $5.0 million principal payment by the new February 27, 2026 due date and it remains unpaid after any applicable cure period, an event of default would occur under the Credit Agreement, allowing lenders to exercise contractual remedies.

Who are the parties involved in BuzzFeed’s (BZFD) Credit Agreement amendment?

The amendment involves BuzzFeed, Inc., certain domestic and Canadian subsidiaries as borrowers and guarantors, the financial institutions acting as lenders, and Sound Point Agency LLC as agent, all consenting to change the scheduled $5.0 million principal repayment date.

Filing Exhibits & Attachments

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