secwatch.observer — SEC 8-K summary
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Issuer:     Tenable Holdings, Inc. (TENB)
CIK:        0001660280
Form:       8-K
Filed at:   2021-07-07T23:59:59+00:00
Accession:  0001660280-21-000119
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660280/000166028021000119/0001660280-21-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660280/000166028021000119/tenb-20210707.htm
  HTML page:      https://secwatch.observer/filing/0001660280-21-000119

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