secwatch.observer — SEC 8-K summary
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Issuer:     Leidos Holdings, Inc. (LDOS)
CIK:        0001336920
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001193125-23-053985
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leidos issues $750M 5.750% notes due 2033; tenders $391.6M of 2.950% 2023 notes
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- Issued $750M of 5.750% senior notes due March 15, 2033; proceeds used to refinance existing debt.
- Tendered $391.6M (78.3%) of outstanding $500M 2.950% 2023 notes at $995.77/$1,000.
- Remaining 2023 notes to be repaid via satisfaction and discharge using note proceeds.
- Interest on new notes payable semi-annually at 5.750%, with make-whole call until Dec 2032.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336920/000119312523053985/0001193125-23-053985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336920/000119312523053985/d475331d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-053985

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