Company: AFRM
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001820953-25-000052
Chunk: 30

Company: Affirm Holdings, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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): Borrowing CapacityInterest Rate Spread (2) Unused Commitment FeesMaturity by Fiscal YearDebt OutstandingDebt Outstanding net of unamortized premiums and discountMin - MaxWeighted AverageSecured debtFunding debtUS warehouse facilities4,550,000 1.65% - 2.00%1.66%0.20% - 0.50%2026 - 20321,467,383 1,453,698 International warehouse facilities (1)588,110 1.25% - 1.75%1.69%0.30% - 0.45%2028 - 2030364,062 362,964 Variable funding notes1,150,000 1.50%—0.30%203251,131 47,813 Sales and repurchase agreements—5.82% - 8.89%6.36%—2028 -202944,218 44,218 Notes issued by securitization trusts4,100,000 4.62% - 11.32%5.89%—2028 - 20334,100,000 4,084,934 $10,388,110 $6,026,795 (3)$5,993,628 Unsecured debtConvertible senior notes:2026 Notes——%——2027248,704 247,730 2029 Notes—0.75%——2030920,000 904,289 Revolving credit facility (4)330,000 0.75% - 1.75%—0.20%2027— — $330,000 $1,168,704 $1,152,019 Total$7,195,499 $7,145,646 (1)As of March 31, 2025, international facilities finance the origination of loan receivables in Canada and are denominated in CAD. (2)Reference rates as of March 31, 2025 under our U.S. facilities bear interest at an annual benchmark rate of Secured Overnight Financing Rate (“SOFR”) or an alternative commercial paper rate plus an applicable spread. Reference rates as of March 31, 2025 under our international facilities bear interest at an annual benchmark rate of the Canadian Overnight Repo Rate Average (“CORRA”), Government of Canadian benchmark bond yields, or an alternative commercial paper rate plus an applicable