N-able adds $75M delayed draw term loan for acquisitions and buybacks

Filed June 17, 2026 · Period ending June 16, 2026 · ~1 min read

Key Changes

• medium

  N-able amended its credit agreement to add a $75M delayed draw term loan facility, available for six months, with proceeds earmarked for M&A (including deferred Adlumin payments), share repurchases, and general corporate purposes.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  The new facility carries the same terms as existing term loans: SOFR plus 2.75% margin (stepping down to 2.50% if first lien net leverage falls to 1.65x or below), same maturity, and fungible with current debt.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• low

  The amendment creates a direct financial obligation under Item 2.03, incorporated by reference from Item 1.01.

  Item 2.03 — Creation of a Direct Financial Obligation verify on EDGAR →