debt
confidence high
sentiment neutral
materiality 0.60
CACI issues $1.0B of 6.375% Senior Notes due 2033
CACI INTERNATIONAL INC /DE/
- $1.0B aggregate principal, 6.375% interest, matures June 15, 2033; interest payable semi-annually.
- Optional redemption up to 40% before June 2028 at 106.375% of principal with equity proceeds.
- Make-whole redemption before June 2028; on/after June 2028 redemption prices decline from 103.188%.
- Change of control triggering event: repurchase offer at 101% of principal plus accrued interest.
- Covenants limit liens, sale-leaseback, and mergers; customary events of default apply.
item 1.01item 2.03item 9.01