N-able, Inc. (NABL): debt financing — N-able adds $75M delayed draw term loan to credit agreement

N-able, Inc.

Up to $75.0M in additional term loans under delayed draw facility; six-month availability period.
Proceeds may fund deferred consideration for Nov 2024 Adlumin acquisition, future M&A, share repurchases.
Interest rate: SOFR + 2.75% margin initially; step down to 2.50% if leverage <= 1.65x.
Loans fungible with existing term loans; same maturity and material terms.
General corporate purposes and flexibility for capital allocation, including acquisition-related payments.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

N-able, Inc. incurred credit facility of up to $75.0 million with JPMorgan Chase, Bank, N.A. at floating SOFR-based rate (subject to a “floor” of 0.0%) for a specified interest.

Instrument: credit facility
Principal: up to $75.0 million
Counterparty: JPMorgan Chase, Bank, N.A.
Rate: floating SOFR-based rate (subject to a “floor” of 0.0%) for a specified interest
Event: incurrence

Exact text from the filing

Amendment No. 3 amended the Credit Agreement to add a delayed draw term loan facility (the “Delayed Draw Term Loan Facility”) pursuant to which the Company may incur up to $75.0 million of additional term loans (the “Delayed Draw Term Loans”) that are fungible with the Company’s existing term loan facility and have the same maturity date, interest rates and

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

N-able, Inc. amended Third Amendment to Credit Agreement with JPMorgan Chase, Bank, N.A. as administrative agent, collateral agent and an issuing bank valued at up to $75.0 million (effective 2026-06-16).

Action: amendment
Agreement: credit facility
Counterparty: JPMorgan Chase, Bank, N.A. as administrative agent, collateral agent and an issuing bank
Value: up to $75.0 million
Effective: 2026-06-16

Exact text from the filing

entered into a Third Amendment to Credit Agreement (“Amendment No. 3”) by and among the Borrower, N-able International Holdings I, LLC (“Holdings”), the other guarantors party thereto, the lenders and issuing banks identified therein and JPMorgan Chase, Bank, N.A. as administrative agent, collateral agent and an issuing bank

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295 debt financings filed in the last 30 days. Browse all debt financings →

N-able, Inc. filing history →

Source: SEC EDGAR

accession 0001834488-26-000036

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