---
schema_version: "secwatch.filing_event.v1"
accession: "0001834488-25-000178"
form_type: "8-K"
ticker: "NABL"
cik: "0001834488"
company_name: "N-able, Inc."
filed_at: "2025-11-26T23:59:59+00:00"
generated_at: "2026-05-16T16:34:44.685984+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# N-able increases term loan to $400M, extends maturities to 2030/2032

## Summary
- Term loan raised from $336M to $400M; $64M funded on closing date.
- Term loan maturity extended to Nov 26, 2032; revolver extended to Nov 26, 2030.
- Interest rate on revolver reduced; term loan margin set at 2.75% + SOFR.
- Proceeds to fund Adlumin deferred consideration, future acquisitions, share repurchases.
- Quarterly amortization of 0.25% of original principal begins March 31, 2026.

## SEC filing metadata
- accession: 0001834488-25-000178
- form_type: 8-K
- ticker: NABL
- cik: 0001834488
- company_name: N-able, Inc.
- filed_at: 2025-11-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834488/000183448825000178/0001834488-25-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834488/000183448825000178/nabl-20251126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834488-25-000178
- JSON: https://secwatch.observer/filing/0001834488-25-000178.json
- Plain text: https://secwatch.observer/filing/0001834488-25-000178.txt

## Key facts
- Debt Financings
  N-able, Inc. amended credit facility of increase the aggregate principal amount under the term loan facility ... from $336 million to $400 million with JPMorgan Chase, Bank, N.A. at Term Loan will bear interest at a floating SOFR-based rate (subject to a "floor" maturing extend the maturity of the Term Loans to November 26, 2032.
  - Instrument: credit facility
  - Principal: increase the aggregate principal amount under the term loan facility ... from $336 million to $400 million
  - Counterparty: JPMorgan Chase, Bank, N.A.
  - Rate: Term Loan will bear interest at a floating SOFR-based rate (subject to a "floor"
  - Maturity: extend the maturity of the Term Loans to November 26, 2032
  - Event: amendment
  source text: Amendment No. 2 amended the Credit Agreement to, among other things, (i) increase the aggregate principal amount under the term loan facility (the “Term Loans”) from $336 million to $400 million, (ii) extend the maturity of the Term Loans to November 26, 2032, (iii) extend the maturity of the $60 million revolving credit facility (the “Revolving Facility”) to November 26, 2030 and (iv) reduce the interest rate applicable to all borrowings under the Revolving Facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000183448825000178/0001834488-25-000178-index.htm

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