Tenable Announces Closing of New $400M Secured Revolving Credit Facility
Key Highlights
- ➤Tenable closes $400.0 million senior secured revolving credit facility
- ➤Revolving Facility initially undrawn, providing additional capital-allocation flexibility
- ➤Credit facility matures October 13, 2031, subject to springing maturity provisions
- ➤Refinancing completes replacement of Tenable’s prior Term Loan B and matured revolver
COLUMBIA, Md., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Tenable(®) Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced it has entered into a credit agreement (the “Credit Agreement”) that provides for a $400.0 million senior secured revolving credit facility (the “Revolving Facility”). The Revolving Facility, combined with the previously announced convertible note financing in September, completes the refinancing of Tenable’s prior credit agreement consisting of a previously outstanding Term Loan B facility and replaces the revolving credit facility which matured in July. The Revolving Facility is initially undrawn and is put in place to give Tenable additional flexibility with its capital allocation.
Revolving loans under the Credit Agreement will mature on the fifth anniversary of the effective date, on October 13, 2031, subject to a springing maturity date of 91 days inside the maturity of other material indebtedness, as well as certain exceptions and limitations.
Get started
Create a free account to read the full story.
