---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-007817"
form_type: "8-K"
ticker: "RPD"
cik: "0001560327"
company_name: "Rapid7, Inc."
filed_at: "2025-06-25T23:59:59+00:00"
generated_at: "2026-05-18T19:20:32.260088+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950103-25-007817
- form_type: 8-K
- ticker: RPD
- cik: 0001560327
- company_name: Rapid7, Inc.
- filed_at: 2025-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560327/000095010325007817/0000950103-25-007817-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560327/000095010325007817/dp230564_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-007817
- JSON: https://secwatch.observer/filing/0000950103-25-007817.json
- Plain text: https://secwatch.observer/filing/0000950103-25-007817.txt

## Key facts
- Debt Financings
  Rapid7, Inc. incurred revolving credit of up to $200 million with JPMorgan Chase Bank, N.A. at SOFR or alternate base rate plus a fixed margin maturing fifth anniversary of the Closing Date.
  - Instrument: revolving credit
  - Principal: up to $200 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR or alternate base rate plus a fixed margin
  - Maturity: fifth anniversary of the Closing Date
  - Event: incurrence
  source text: The Credit Agreement establishes a senior secured revolving credit facility and provides for borrowings in an aggregate principal amount of up to $200 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560327/000095010325007817/0000950103-25-007817-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.