DocuSign adds $500M revolving credit facility

• DocuSign (NASDAQ:DOCU) closes a new $500M, five year senior secured revolving credit facility.
• The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250M of capacity.
• "This transaction provides us with more flexibility on our balance sheet to deliver on our growth agenda. We are taking advantage of the favorable market environment to optimize our capital structure and strengthen our balance sheet," remarked Cynthia Gaylor, CFO.