debt
confidence high
sentiment neutral
materiality 0.55
AECOM launches $1.0B notes offering and tender offer for $997M 2027 notes
AECOM
- Private offering of $1.0B senior unsecured notes due 2033; proceeds to refinance 2027 notes.
- Cash tender offer for any and all $997.3M of 5.125% senior notes due 2027.
- Tender offer expires July 21, 2025; consideration based on 50 bps spread over reference security.
- Concurrent conditional redemption of any remaining 2027 notes at make-whole spread of 50 bps.
- Offer conditioned on successful $1.0B notes issuance; settlement expected July 22, 2025.
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