Jamf Holding Corporation Secures $400 Million Incremental Term Loan to Support Acquisition and Debt Repurchase

Reuters
2025/05/28
Jamf Holding Corporation Secures $400 Million Incremental Term Loan to Support Acquisition and Debt Repurchase

Jamf Holding Corporation has announced an amendment to its existing credit agreement, originally dated May 3, 2024. The amendment, effective May 21, 2025, introduces an Incremental Term Loan Facility amounting to $400 million. This new facility, governed by the same covenants and default conditions as Jamf's existing revolving credit facility, is backed by a security interest in the personal property and assets of Jamf's subsidiaries. The funds from this facility are earmarked for multiple purposes: financing the acquisition of Identity Automation Systems, LLC, repurchasing part of its convertible senior notes due in 2026, covering associated fees and expenses, and supporting general corporate purposes and working capital. The agreement involved JPMorgan Chase Bank, N.A., serving as administrative agent, along with other lenders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jamf Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-027919), on May 27, 2025, and is solely responsible for the information contained therein.

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