May 09, 2025

Docebo Inc. enters into new revolving operating credit facility

Goodmans advised Docebo Inc. in connection with a new revolving operating credit facility with National Bank of Canada.

The principal amount of the facility totals US$50 million with an accordion feature that allows for the expansion of the facility by up to an aggregate maximum principal amount of US$50 million. The accordion feature is available upon request by Docebo, subject to review and approval by National Bank. The facility has a term of three years and bears interest at variable rates depending on certain financial ratios and metrics.

Docebo Inc. is a software company that specializes in learning management system.

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