---
schema_version: "secwatch.filing_event.v1"
accession: "0001571123-25-000178"
form_type: "8-K"
ticker: "SAIC"
cik: "0001571123"
company_name: "Science Applications International Corp"
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:05:02.463541+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SAIC refinances $2.1B credit facilities; new $1.1B term loan and $1B revolver due 2030

## Summary
- New $1.1B senior secured term loan A facility and $1B revolving credit facility, both maturing Sept 30, 2030.
- Proceeds used to repay existing term loans and revolver advances, and pay fees; balance sheet cash.
- Quarterly amortization of term loan begins Oct 2026 at 0.625%, increasing to 1.875% by Oct 2028.
- Credit spread adjustment of 0.10% on SOFR-based rates eliminated; covenants substantially unchanged.

## SEC filing metadata
- accession: 0001571123-25-000178
- form_type: 8-K
- ticker: SAIC
- cik: 0001571123
- company_name: Science Applications International Corp
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/1571123/000157112325000178/0001571123-25-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571123/000157112325000178/saic-20250930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571123-25-000178
- JSON: https://secwatch.observer/filing/0001571123-25-000178.json
- Plain text: https://secwatch.observer/filing/0001571123-25-000178.txt

## Source-grounded claims
- claim_id: 44240255a50dc106925e7f5cf824a1cf38a54046
  claim: 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.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571123/000157112325000178/0001571123-25-000178-index.htm
- claim_id: 84789de105a59bb1dbcbe11c53c57756af18e149
  claim: 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.
  evidence_excerpt: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571123/000157112325000178/0001571123-25-000178-index.htm

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