Booz Allen Issues $1.2 Billion Senior Notes for Acquisition Funding
Booz Allen Hamilton (BAH) announced that its subsidiary has priced a $1.2 billion issuance of senior unsecured notes in a dual-tranche offering. The funds will be used to finance the pending acquisition of Ultra Mission Solutions and refinance existing debt. The transaction includes two tranches, with one tranche valued at $700 million. This move is part of Booz Allen's strategy to strengthen its capabilities through strategic acquisitions while managing its capital structure effectively.
Tickers: $BAH
Topics: acquisition refinancing