---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-055113"
form_type: "8-K"
ticker: "LDOS"
cik: "0001336920"
company_name: "Leidos Holdings, Inc."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:22:54.384544+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Leidos upsizes revolver to $1.5B, extends maturity to 5 years, reduces commitment fees

## Summary
- Revolving commitments increased from $1.0B to $1.5B effective Feb 12, 2026.
- Maturity extended to five years from Restatement Effective Date.
- Unused commitment fee reduced to 0.08%-0.20% per annum vs. prior 0.09%-0.25%.
- Credit spread adjustment of 0.10% per annum on borrowings eliminated.
- No borrowings outstanding at closing; facility available for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-26-055113
- form_type: 8-K
- ticker: LDOS
- cik: 0001336920
- company_name: Leidos Holdings, Inc.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336920/000119312526055113/0001193125-26-055113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336920/000119312526055113/d62492d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-055113
- JSON: https://secwatch.observer/filing/0001193125-26-055113.json
- Plain text: https://secwatch.observer/filing/0001193125-26-055113.txt

## Key facts
- Debt Financings
  Leidos Holdings, Inc. amended credit facility of $1,500,000,000 with Citibank, N.A. maturing five years after the Restatement Effective Date.
  - Instrument: credit facility
  - Principal: $1,500,000,000
  - Counterparty: Citibank, N.A.
  - Maturity: five years after the Restatement Effective Date
  - Event: amendment
  source text: The Restatement Agreement amends and restates the Existing Credit Agreement to, among other things, (i) increase the aggregate commitments under the revolving credit facility from $1,000,000,000 to $1,500,000,000, (ii) extend the maturity date of the revolving credit facility to five years after the Restatement Effective Date, (iii) reduce the unused commitment fee to a range of 0.08% to 0.20% per annum (based on a ratings-based grid), rather than 0.09% to 0.25% per annum, and (iv) remove the 0.10% per annum credit spread adjustment previously applicable to borrowings under the revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336920/000119312526055113/0001193125-26-055113-index.htm
- Material Agreements
  Leidos Holdings, Inc. amended Amendment and Restatement Agreement with Citibank, N.A., as administrative agent (effective 2026-02-12).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A., as administrative agent
  - Effective: 2026-02-12
  source text: On February 12, 2026 (the “ Restatement Effective Date ”), Leidos Holdings, Inc. (“ Leidos ”), Leidos, Inc., a Delaware corporation and a wholly-owned subsidiary of Leidos, as borrower (the “ Borrower ”), and certain other wholly-owned domestic subsidiaries of Leidos, as guarantors (collectively, the “ Subsidiary Guarantors ” and, together with Leidos and the Borrower, collectively, the “ Loan Parties ”), entered into an Amendment and Restatement Agreement (the “ Restatement Agreement ”), which amended and restated that certain Credit Agreement dated as of March 10, 2023 (prior to giving effect to this amendment and restatement, the “ Existing Credit Agreement ”), among the Loan Parties, the lenders party thereto and Citibank, N.A., as administrative agent (as amended and restated pursuant to the Restatement Agreement, the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336920/000119312526055113/0001193125-26-055113-index.htm

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