Financing ·
N-able, Inc., through its subsidiary N-able International Holdings II, LLC, entered into a Third Amendment to its…
NABLN-able, Inc.
N-able, Inc., through its subsidiary N-able International Holdings II, LLC, entered into a Third Amendment to its Credit Agreement on June 16, 2026. The amendment establishes a $75.0 million delayed draw term loan facility available for borrowing over a six-month period. Proceeds are intended for general corporate purposes, including funding deferred consideration for the November 2024 Adlumin, Inc. acquisition, future acquisitions, and share repurchases. The new loans carry a floating SOFR-based interest rate plus an initial margin of 2.75%, which may decrease to 2.50% if the first lien net leverage ratio is 1.65 to 1.00 or lower. N-able, Inc. provides software solutions for managed service providers.