debt
confidence high
sentiment neutral
materiality 0.50
Leidos completes tender offer and refinancing of $500M 3.625% notes due 2025
Leidos Holdings, Inc.
- Tender offer expired Feb 20; $267.4M (53.5%) of $500M 3.625% notes validly tendered at $998.30 per $1,000.
- Settlement on Feb 25; remaining notes satisfied and discharged via deposit of trust funds.
- Refinanced with $500M 5.400% notes due 2032 and $500M 5.500% notes due 2035 issued Feb 20.