---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-135958"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T23:08:58.502871+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Parsons refinances with $450M term loan and $750M revolver, extending maturities

## Summary
- New $450M unsecured term loan (3-year maturity, no amortization) with $150M accordion; proceeds used to repay existing $350M term loan.
- New $750M unsecured revolving credit facility (5-year maturity) with $500M accordion; replaces the previous 2021 revolver which was paid off.
- Initial interest rates set at mid-range: Term SOFR + 1.125% or Base Rate + 0.125% for term loan; similar pricing for revolver.
- Transactions extend debt maturities from October 2025/June 2026 to June 2028/June 2030.
- Proceeds also available for working capital, capex, and general corporate purposes; no borrowings under new revolver at closing.

## SEC filing metadata
- accession: 0001193125-25-135958
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/275880/000119312525135958/0001193125-25-135958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000119312525135958/d43746d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-135958
- JSON: https://secwatch.observer/filing/0001193125-25-135958.json
- Plain text: https://secwatch.observer/filing/0001193125-25-135958.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.