Optiv Extends Credit Facilities with Lender Agreement

Cybersecurity firm Optiv secures amendments to extend maturity of its First Lien and Second Lien Credit Agreements.

Mar. 16, 2026 at 6:07pm

Optiv Security Inc., a leading cybersecurity solutions and services provider, has entered into an agreement with creditors holding over 99% of its First Lien Term Loan and 100% of its Second Lien Term Loan to amend and extend the maturities of its existing credit facilities. The amendments will extend the maturity of Optiv's First Lien Credit Agreement to August 2028 and its Second Lien Credit Agreement to August 2029, providing the business with additional runway to continue investing in value-maximizing opportunities.

Why it matters

The extended credit facilities give Optiv the financial stability and operational flexibility to continue investing in its people, technology, and client services, allowing the company to execute on its growth strategy and deliver long-term value to stakeholders. This agreement reflects the confidence of Optiv's financial partners in the company's business and strategy.

The details

The Transaction Support Agreement includes amendments to both the First Lien and Second Lien Credit Agreements, extending the maturities and providing Optiv with additional runway to invest in its operations. The extensions were supported by creditors holding over 99% of the First Lien Term Loan and 100% of the Second Lien Term Loan.

  • The amendments will extend the maturity of Optiv's First Lien Credit Agreement to August 2028 and its Second Lien Credit Agreement to August 2029.

The players

Optiv Security Inc.

A leading cybersecurity solutions and services provider.

Kevin Lynch

Optiv CEO.

Marc Cabi

Optiv CFO.

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What they’re saying

“This agreement reflects the confidence our financial partners have in Optiv's business and the strength of our platform. We will continue to do what we've always done best: advise, deploy and operate cybersecurity programs that reduce risk and deliver real results.”

— Kevin Lynch, Optiv CEO

“The extension of our Credit Facilities provides us with the financial stability and operational flexibility to continue investing in our people, our technology and the exceptional service we deliver to our clients and partners every day. With this foundation in place, we are well-positioned to continue executing on our growth strategy and delivering long-term value to our stakeholders.”

— Marc Cabi, Optiv CFO

What’s next

The amendments to Optiv's credit facilities are expected to close in the coming weeks, providing the company with the extended runway to continue investing in its business and growth strategy.

The takeaway

Optiv's successful negotiation of amended and extended credit facilities demonstrates the confidence its financial partners have in the company's cybersecurity solutions and services platform, positioning Optiv to continue delivering value to its clients and stakeholders.