PTON: Other company developments

Item 8.01 Other Events. On November 9, 2026, Peloton Interactive, Inc. (the “Company”) issued a press release to announce the launch of a private offering (the “Offering”) of up to $600.0 million aggregate principal amount of senior secured notes due 2032 and proposed entry into a $200.0 million five-year revolving credit facility (the “New Revolving Facility”). On November 10, 2026, the Company issued a press release to announce the upsize and pricing of the Offering of $700.0 million aggregate principal amount of 8.625% senior secured notes due 2032 (the “Notes”). The size of the Offering was increased from the previously announced $600.0 million aggregate principal amount. The Notes will only be sold (i) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and (ii) outside the United States pursuant to Regulation S under the Securities Act. The Company intends to use the net proceeds from the Offering, together with cash on hand, to repay all term loans outstanding under its existing $1.0 billion five-year term loan facility (the “Existing Term Loan Facility”), which will be terminated in connection with such repayment, and to pay fees and expenses related thereto. The closing of the Offering is not conditioned upon the entry into the New Revolving Facility or the repayment of the Existing Term Loan Facility. Any remaining net proceeds will be used for general corporate purposes, which may include, among other things, repurchases of the Company’s Class A common stock, capital expenditures, working capital, acquisitions and other business opportunities. A copy of such press releases is attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively. Item 9.01 Financ