secwatch.observer — SEC 8-K summary
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Issuer:     CACI INTERNATIONAL INC /DE/ (CACI)
CIK:        0000016058
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0000016058-24-000207
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CACI closes $1.275B Azure Summit acquisition with $750M Term Loan B
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- Acquired Azure Summit Technology for $1.275 billion cash on October 30, 2024.
- Entered $750 million Term Loan B facility maturing October 30, 2031 to partially fund the acquisition.
- Term Loan B carries floating rate of Term SOFR + 1.75% or Base Rate + 0.75%.
- Loan secured by substantially all assets and guaranteed by material domestic subsidiaries.
- CACI may increase term loan or incur incremental equivalent debt under certain conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16058/000001605824000207/0000016058-24-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16058/000001605824000207/caci-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000016058-24-000207

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer