secwatch / observer
8-K filed October 1, 2025, 7:59 PM ET ticker SAIC CIK 0001571123
debt confidence high sentiment neutral materiality 0.55

Science Applications International Corp (SAIC): debt financing — SAIC refinances $2.1B credit facilities; new $1.1B term loan and $1B revolver due 2030

Science Applications International Corp

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Science Applications International Corp incurred term loan of $1,100,000,000 New Term Loan A Facility with Citibank, N.A. at same interest rate margins as the Existing Loans, provided that the credit sprea maturing September 30, 2030.

Instrument
term loan
Principal
$1,100,000,000 New Term Loan A Facility
Counterparty
Citibank, N.A.
Rate
same interest rate margins as the Existing Loans, provided that the credit sprea
Maturity
September 30, 2030
Event
incurrence
Exact text from the filing
The Amendment established a new senior secured term loan "A" credit facility commitment in the amount of $1,100,000,000 (the "New Term Loan A Facility", and the advances thereunder, the "New Term A Loans"), with a maturity date of September 30, 2030.
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Science Applications International Corp incurred revolving credit of $1,000,000,000 New Revolving Credit Facility with Citibank, N.A. at same interest rate margins as the Existing Loans, provided that the credit sprea maturing September 30, 2030.

Instrument
revolving credit
Principal
$1,000,000,000 New Revolving Credit Facility
Counterparty
Citibank, N.A.
Rate
same interest rate margins as the Existing Loans, provided that the credit sprea
Maturity
September 30, 2030
Event
incurrence
Exact text from the filing
The Amendment also established a new $1,000,000,000 revolving credit facility (the "New Revolving Credit Facility", the advances extended thereunder, the "New Revolving Loans", and the New Revolving Loans together with the New Term A Loans, the "New Credit Facilities"), with a termination date of September 30, 2030, used to refinance the $1,000,000,000 revolving credit facility under the Existing Credit Agreement (the "Existing Revolving Credit Facility").
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Science Applications International Corp filing history →

Source: SEC EDGAR
accession 0001571123-25-000178
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