Jamf enters $400M incremental term loan facility; funds acquisition deferred payments and note repurchases

Jamf Holding Corp.

Incremental term loan facility of $400M added to existing credit agreement dated May 3, 2024.
Proceeds: deferred purchase price for Identity Automation acquisition, repurchases of 2026 convertible notes, fees, working capital.
Interest rates: ABR loans 1.00%-1.75% and Term Benchmark loans 2.00%-2.75% per annum, based on leverage.
Maturity May 3, 2029; quarterly amortization starts Dec 2025 with escalating percentages.

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