secwatch.observer — SEC 8-K summary
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Issuer:     Science Applications International Corp (SAIC)
CIK:        0001571123
Form:       8-K
Filed at:   2025-09-22T23:59:59+00:00
Accession:  0001571123-25-000174
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAIC prices $500M of 5.875% senior notes due 2033
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- Priced $500M aggregate principal of 5.875% senior notes due 2033; priced at 100% of par.
- Net proceeds to repay revolver credit facility and fund general corporate purposes, including growth and strategic projects.
- Offering expected to close September 25, 2025, subject to customary conditions.
- Notes are senior unsecured obligations; offered under Rule 144A/Reg S private placement.
- Remaining net proceeds earmarked for working capital, growth, and potential M&A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571123/000157112325000174/0001571123-25-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571123/000157112325000174/saic-20250922.htm
  HTML page:      https://secwatch.observer/filing/0001571123-25-000174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer