SAIC issues $500 million in 6.75% senior notes due 2034
Bitget2026/11/13 21:09- SAIC closed a $500 million private offering of 6.75% Senior Notes due 2034 on November 13, 2026.
- Net proceeds of approximately $493 million funded redemption of all outstanding 4.88% Senior Notes due 2028.
- The senior unsecured notes are guaranteed by qualifying domestic subsidiaries, with Truist Bank serving as trustee.
- Remaining net proceeds will cover offering fees and expenses, with any balance available for general corporate purposes.
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