Tenable closes $375M term loan and $50M revolver credit facility

Tenable Holdings, Inc.

Credit facility comprised of $375M senior secured term loan due July 2028 and $50M revolving credit facility due July 2026.
Term loan bears interest at LIBOR + 2.75% (0.50% floor); revolver at LIBOR + 2.00% to 2.50% based on leverage.
Proceeds to be used for general corporate purposes, including capital expenditures and permitted acquisitions.
JPMorgan, Morgan Stanley, Bank of America, and Barclays acted as joint lead arrangers and bookrunners.
Prior credit facility with Silicon Valley Bank terminated in connection with the new agreement.

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