Docebo announced that, effective May 8, 2025, it has entered into 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 the lender.

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.

Goodmans and Hodgson Russ advised Docebo. McCarthy Tetrault and Dorsey + Whitney LLP acted as counsel to National Bank of Canada.