Tenable Announces Closing of New $400M Secured Revolving Credit Facility
Tenable closed a new $400 million senior secured revolving credit facility, which is initially undrawn and provides added capital-allocation flexibility. The facility, together with September's convertible note financing, completes the refinancing of the prior Term Loan B and replaces the revolver that matured in July.
Key figures
- Secured
- Yes
- Maturity date
- October 13, 2031
- Initially undrawn
- Yes
- Springing maturity
- 91 days inside maturity of other material indebtedness
- Revolving facility size
- $400.0 million
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