secwatch.observer — SEC 8-K summary
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Issuer:     KBR, INC. (KBR)
CIK:        0001357615
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001357615-24-000007
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KBR amends credit agreement, extends $1.0B revolver and ~$468M term loans to 2029
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- Revolving facility commitments remain $1.0B; $117M drawn post-amendment.
- New Term A-1 facility of ~$352M and existing Term A-3 of £116M; both mature Feb 7, 2029.
- Interest rate margin unchanged; financial covenants (min interest coverage, max net leverage) unchanged.
- Amendment did not significantly impact KBR's consolidated net leverage ratio.
- Extends maturities by approximately 5 years; no new net borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357615/000135761524000007/0001357615-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357615/000135761524000007/kbr-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001357615-24-000007

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