---
schema_version: "secwatch.filing_event.v1"
accession: "0001571123-24-000140"
form_type: "8-K"
ticker: "SAIC"
cik: "0001571123"
company_name: "Science Applications International Corp"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:39:20.502035+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SAIC enters Seventh Amendment to Credit Agreement, lowering Tranche B3 margin by 12.5 bps

## Summary
- Tranche B3 Term SOFR margin reduced from 1.875% to 1.750% per annum.
- Tranche B3 Base Rate margin reduced from 0.875% to 0.750% per annum.
- Citibank, N.A. acts as New Tranche B3 Lender, purchasing loans of Departing Lenders at par.
- Amendment effective October 18, 2024; all existing guarantees and liens reaffirmed.

## SEC filing metadata
- accession: 0001571123-24-000140
- form_type: 8-K
- ticker: SAIC
- cik: 0001571123
- company_name: Science Applications International Corp
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571123/000157112324000140/0001571123-24-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571123/000157112324000140/saic-20241018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571123-24-000140
- JSON: https://secwatch.observer/filing/0001571123-24-000140.json
- Plain text: https://secwatch.observer/filing/0001571123-24-000140.txt

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