On March 22, 2024, Robinhood Markets, Inc., through its subsidiary Robinhood Securities, LLC, entered into a Third Amended and Restated Credit Agreement, amending its previous $2.175 billion credit facility. The new agreement, facilitated by JPMorgan Chase Bank, N.A. as the administrative agent, increases the total commitment to $2.25 billion with an option to extend it up to $3.375 billion. The credit facility is divided into three tranches, each with specific collateral and purposes, including financing margin loans and satisfying deposit and reserve requirements. Interest rates for the borrowings are determined by the highest of three benchmark rates plus a margin, which varies by tranche. Robinhood Securities, LLC is required to adhere to certain financial conditions and covenants, and as of the date of the agreement, no borrowings have been made, leaving the full $2.25 billion available.

On March 22, 2024, Robinhood Markets, Inc., through its subsidiary Robinhood Securities, LLC, entered into a Third Amended and Restated Credit Agreement, amending its previous $2.175 billion credit facility. The new agreement, facilitated by JPMorgan Chase Bank, N.A. as the administrative agent, increases the total commitment to $2.25 billion with an option to extend it up to $3.375 billion. The credit facility is divided into three tranches, each with specific collateral and purposes, including financing margin loans and satisfying deposit and reserve requirements. Interest rates for the borrowings are determined by the highest of three benchmark rates plus a margin, which varies by tranche. Robinhood Securities, LLC is required to adhere to certain financial conditions and covenants, and as of the date of the agreement, no borrowings have been made, leaving the full $2.25 billion available.