Rapid7 enters $200M senior secured revolving credit facility with JPMorgan Chase

Rapid7, Inc.

Credit agreement dated June 25, 2025 provides up to $200 million revolving credit facility.
Borrowers are Rapid7 and Rapid7 LLC; JPMorgan Chase is administrative agent.
Facility matures in five years, with potential acceleration if liquidity below $250M near 2027/2029 convertible note maturities.
Proceeds for working capital, capex, acquisitions; variable interest based on SOFR plus margin.
Covenants include net leverage ratio and interest coverage; secured by substantially all assets of guarantors.

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