---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-000080"
form_type: "8-K"
ticker: "KBR"
cik: "0001357615"
company_name: "KBR, INC."
filed_at: "2023-01-04T23:59:59+00:00"
generated_at: "2026-06-20T20:13:58.589040+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# KBR refinances $99.3M Term A-1 loans via Amendment No. 7, converts to USD SOFR-based loans

## Summary
- Amendment No. 7 replaces ~$99.3M AUD-denominated Term A-1 loans with USD loans at SOFR plus margin.
- New Term A-1 Facility matures November 18, 2026; material terms and covenants unchanged.
- Quarterly repayments set at $636,321.45 through Dec 2023, then $1,272,642.90 thereafter.
- Proceeds used solely to refinance the prior Term A-1 loans outstanding.

## SEC filing metadata
- accession: 0001387131-23-000080
- form_type: 8-K
- ticker: KBR
- cik: 0001357615
- company_name: KBR, INC.
- filed_at: 2023-01-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357615/000138713123000080/0001387131-23-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357615/000138713123000080/kbr-8k_123022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-000080
- JSON: https://secwatch.observer/filing/0001387131-23-000080.json
- Plain text: https://secwatch.observer/filing/0001387131-23-000080.txt

## Key facts
- Material Agreements
  KBR, INC. amended Amendment No. 7 to Credit Agreement with Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, the lenders party thereto and each of the subsidiaries of the Company party thereto valued at $99,266,146.01 (effective 2022-12-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, the lenders party thereto and each of the subsidiaries of the Company party thereto
  - Value: $99,266,146.01
  - Effective: 2022-12-30
  source text: On December 30, 2022, KBR, Inc. (the “Company”) entered into Amendment No. 7 (the “Amendment”) to its existing Credit Agreement, dated as of April 25, 2018 (as amended by Amendment No. 1, dated as of November 12, 2018, Amendment No. 2, dated as of February 7, 2020, Amendment No. 3, dated as of July 2, 2020, Amendment No. 4, dated as of September 14, 2020, Amendment No. 5, dated as of November 18, 2021 and Amendment No. 6, dated as of May 17, 2022, the “Existing Credit Agreement”, and as further amended by the Amendment, the “Credit Agreement”), with Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, the lenders party thereto and each of the subsidiaries of the Company party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1357615/000138713123000080/0001387131-23-000080-index.htm

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