{"schema_version":"secwatch.filing_event.v1","accession":"0001571123-24-000022","form_type":"8-K","ticker":"SAIC","cik":"0001571123","company_name":"Science Applications International Corp","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.655896+00:00","generated_at":"2026-06-06T04:18:21.134662+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SAIC enters $510.25M new term loan B facility, refinances existing Tranche B loans","bullets":["Sixth Amendment to credit agreement establishes Tranche B3 Loans of $510.25M, borrowed Feb 8, 2024.","Proceeds used to refinance all existing Tranche B and Tranche B2 loans in full.","New loans bear interest at Term SOFR plus 1.875% (or base rate plus 0.875%), maturing Feb 8, 2031.","Quarterly amortization at 0.25% of original amount beginning July 31, 2024; 1% prepayment penalty for repricing before Aug 8, 2024.","Loans secured by substantially all assets of SAIC and domestic subsidiaries; same covenants as existing credit agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001571123-24-000022","json":"https://secwatch.observer/filing/0001571123-24-000022.json","markdown":"https://secwatch.observer/filing/0001571123-24-000022.md","text":"https://secwatch.observer/filing/0001571123-24-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1571123/000157112324000022/0001571123-24-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1571123/000157112324000022/saic-20240208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:18:21.134662+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8808cddc7548c8035b1dc75fe129e6f1cb8ed09e","claim":"Science Applications International Corp incurred term loan of $510,250,000 with Citibank, N.A. at Term SOFR or a base rate, plus an applicable margin of 1.875% for Term SOFR loan maturing February 08, 2031.","evidence_excerpt":"The Amendment established a new senior secured term loan “B” credit facility commitment in the amount of $510,250,000 (the \"Tranche B3 Loans\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571123/000157112324000022/0001571123-24-000022-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$510,250,000"},{"label":"Counterparty","value":"Citibank, N.A."},{"label":"Rate","value":"Term SOFR or a base rate, plus an applicable margin of 1.875% for Term SOFR loan"},{"label":"Maturity","value":"February 08, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}