secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001193125-25-065626
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs Solutions enters $200M + £410M two-year term loan, repays prior facility
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- $200M USD and £410M GBP term loan borrowed on March 27, 2025, with two-year maturity.
- Proceeds used to repay $120.5M + £411.9M outstanding under Feb 2023 facility, terminating it.
- Interest rate: SONIA/SOFR plus margin 0.875%-1.50% or base rate plus 0.00%-0.50%, based on leverage.
- Facility includes customary covenants; proceeds also for fees and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000119312525065626/0001193125-25-065626-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000119312525065626/d920301d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-065626

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