N-able, Inc. Enters into Third Amendment to Credit Agreement

N-able, Inc. (the “Company”) announced that on June 16, 2026, its indirect wholly owned subsidiary, N-able International Holdings II, LLC (the “Borrower”), entered into the Third Amendment to Credit Agreement (“Amendment No. 3”). This amendment modifies the existing Credit Agreement, originally dated July 19, 2021, by adding a delayed draw term loan facility of up to $75.0 million. These new loans are fungible with the existing term loans and share the same maturity date and material terms. The Delayed Draw Term Loan Facility will be available for six months from the effective date of Amendment No. 3. Proceeds are intended for general corporate purposes, including funding deferred payments for the acquisition of Adlumin, Inc., future acquisitions, share repurchases, and associated fees and expenses. Borrowings will bear interest at a SOFR-based rate, plus a margin initially set at 2.75%, with a potential decrease to 2.50% if the Company’s first lien net leverage ratio is 1.65 to 1.00 or lower. The interest rate includes a 0.0% floor.