05:13 AM EDT, 06/27/2025 (MT Newswires) -- SailPoint ( SAIL ) said in a regulatory filing Thursday its subsidiaries have entered into a credit agreement with its lenders that allows borrowings of up to $250 million.

The agreement also maintains a sublimit for letters of credit totaling the lower of $10 million or the total amount of revolving credit commitments, the company said.

The credit agreement, dated June 25, replaced the company's 2022 deal, the company said.