debt
confidence high
sentiment neutral
materiality 0.60
CACI proposes $500M senior notes offering to fund ARKA acquisition
CACI INTERNATIONAL INC /DE/
- Offering of $500M in unsecured senior notes due 2033 at 6.375% coupon.
- Net proceeds plus revolving credit, term loan B, and cash to fund ARKA Group acquisition.
- If acquisition not completed, notes subject to special mandatory redemption at 100% plus accrued interest.
- Offering limited to QIBs under Rule 144A and non-U.S. persons under Regulation S.