N-Able Boosts Term Loan to $400 Million and Extends Maturities in Amended Credit Agreement

Reuters
2025.11.26 21:33
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N-able Inc. has amended its Credit Agreement, increasing its term loan facility to $400 million and extending the maturity date to November 26, 2032. The revolving credit facility's maturity is extended to November 26, 2030, with a reduced interest rate. Quarterly repayments start on March 31, 2026. The term loan will bear interest at a floating SOFR-based rate plus a margin initially set at 2.75%.