SAIC Prices $500 Million Senior Unsecured Notes Offering Due 2034
Science Applications International Corp (SAIC) has finalized the pricing of a $500 million offering of senior unsecured notes. The notes carry a fixed interest rate of 6.75% and are scheduled to mature in 2034. The offering was priced at 100% of its principal amount. To provide security for investors, the notes will be guaranteed by various existing and future domestic subsidiaries of the company.
Tickers: $SAIC
Topics: capital markets debt issuance senior unsecured notes