---
schema_version: "secwatch.filing_event.v1"
accession: "0001834488-23-000099"
form_type: "8-K"
ticker: "NABL"
cik: "0001834488"
company_name: "N-able, Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:04:02.863110+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# N-able enters credit agreement amendment replacing LIBOR with Term SOFR benchmark

## Summary
- Amendment replaces LIBOR with Term SOFR as the interest rate benchmark for outstanding loans.
- Term SOFR adjustment for Term Loans subject to lender objection; Revolving Loan adjustment set at 0.00%.
- Existing Eurodollar Loans continue at LIBOR until their current Interest Period ends, then convert.
- No other material changes to credit agreement terms or borrowing capacity.
- Effective June 26, 2023; JPMorgan Chase serves as administrative agent.

## SEC filing metadata
- accession: 0001834488-23-000099
- form_type: 8-K
- ticker: NABL
- cik: 0001834488
- company_name: N-able, Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834488/000183448823000099/0001834488-23-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834488/000183448823000099/nabl-20230626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834488-23-000099
- JSON: https://secwatch.observer/filing/0001834488-23-000099.json
- Plain text: https://secwatch.observer/filing/0001834488-23-000099.txt

## Key facts
- Material Agreements
  N-able, Inc. amended Amendment No. 1 with JPMorgan Chase, Bank, N.A. as administrative agent, and the revolving lenders party thereto (effective 2023-06-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase, Bank, N.A. as administrative agent, and the revolving lenders party thereto
  - Effective: 2023-06-26
  source text: On June 26, 2023, certain subsidiaries of N-able, Inc. (the “Company”), with JPMorgan Chase, Bank, N.A. as administrative agent, and the revolving lenders party thereto entered into Amendment No. 1 (“Amendment No. 1”) to the Company’s Credit Agreement, dated July 19, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000183448823000099/0001834488-23-000099-index.htm

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