CACI International announced its intention to offer $750 million in aggregate principal amount of unsecured senior notes due 2033. The company plans to use the net proceeds from this offering to partially repay amounts outstanding under its revolving credit facility.
The 2033 Notes will be guaranteed on a senior unsecured basis by all of CACI’s subsidiaries that are borrowers or guarantors under its senior credit facilities. This financing move is part of CACI's ongoing capital management strategy.
This offering aims to optimize CACI's debt structure by potentially replacing variable-rate revolving credit with longer-term, fixed-rate debt. The transaction is subject to market conditions and customary closing conditions.
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