Tenable Secures $400 Million Five-Year Senior Secured Revolver Led by JPMorgan

Tenable Holdings Inc. (TENB) secured a $400 million senior secured revolving credit facility, completing its refinancing. The undrawn facility matures in 2031, offering flexibility for capital allocation. JPMorgan Chase and Cooley LLP advised on the agreement. Tenable serves over 40,000 global customers in cybersecurity.

Tenable Holdings (TENB) secured a new $400M revolving credit facility maturing in 2031, completing its refinancing. The move aims to extend maturities and enhance liquidity, according to the company. No immediate use of funds for M&A, buybacks, or growth investments was disclosed.

Tenable Holdings (NASDAQ: TENB) secured a $400M credit line with JPMorgan Chase, maturing in 2031. The company has not drawn on it. Tenable provides cybersecurity solutions to over 40,000 customers globally. The agreement includes forward-looking statements with typical risks and uncertainties.

S&P Global Ratings upgraded Tenable Holdings Inc (NASDAQ:TENB) to 'BB+' from 'BB' due to revenue growth and margin improvements, then withdrew the rating at the company's request. Tenable reported $531M revenue for H1 2026, up 9% YoY, and expects $1.1B for the full year. The company's profitability improved, with EBITDA margins expanding to nearly 25%. Tenable also strengthened its balance sheet through debt reduction and share repurchases.

Tenable Holdings (TENB) added Charlie Bell, ex-AWS and Microsoft executive, to its board. This move signals a focus on AI and cloud security, according to AI Analyst.

Tenable (TENB) reported Q2 revenue of $268M, raising full-year guidance for revenue, EPS, and free cash flow. The company highlighted AI-driven growth, with Tenable One accounting for 50% of new sales. Management noted improved demand and expansion rates, citing AI partnerships and new product launches as key drivers.