SailPoint Inc. Secures $250 Million Credit Facility with Morgan Stanley as Administrative Agent
SailPoint Inc. has entered into a new credit agreement to secure a $250 million credit facility, as announced on June 25, 2025. This new arrangement replaces a previous credit agreement dated August 16, 2022, and involves SailPoint Technologies, Inc. and SailPoint Technologies Intermediate Holdings, LLC, both wholly owned subsidiaries of SailPoint. The agreement was made with a group of lenders, with Morgan Stanley Senior Funding, Inc. acting as the administrative and collateral agent. The credit facility includes a sublimit for letters of credit up to $10 million and will mature in five years. The facility is guaranteed by certain subsidiaries and backed by a security interest in the tangible and intangible assets of the borrowers and guarantors.
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