Allbirds amends credit agreement, cuts revolving facility to $44.2 million

Allbirds, Inc. (NASDAQ: BIRD) entered into a third amendment to its credit agreement on May 26, 2026, according to a regulatory filing. The amendment reduces the company's revolving credit commitments from $50 million to $44.2 million.

The amendment also establishes two new debt tranches: Term Loan A with a maximum commitment of $3.3 million and Term Loan B with a maximum commitment of $2.5 million. The agreement involves Allbirds, Inc., its subsidiary Allbirds International, Inc., participating lenders, and Second Avenue Capital Partners LLC as administrative and collateral agent.

The modifications amend the original credit agreement dated June 30, 2025, which had previously been amended twice in March and April 2026. The effectiveness of the new amendments requires standard conditions precedent and certain subsequent conditions to be met.

The Delaware-based public benefit corporation filed the agreement details in a Form 8-K with the Securities and Exchange Commission, with the full text of the third amendment included as an exhibit to the filing.

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