CACI Prices $500 Million 6.375% Senior Notes Offering
CACI International has priced a $500 million public offering of 6.375% senior notes on February 26, 2026. The issuance will enhance its liquidity position and stretch its debt maturity profile.
1. Offering Details
CACI International announced the pricing of a $500 million offering of 6.375% senior notes on February 26, 2026. The notes were offered to qualified institutional buyers, with settlement expected in early March.
2. Strategic Impact
The new issuance bolsters CACI’s liquidity by adding long-term fixed-rate debt to its capital structure. By diversifying maturities and potentially replacing higher-cost borrowings, the offering aims to optimize the company’s overall cost of capital.
3. Credit Profile Considerations
At a 6.375% coupon, the notes reflect current market spreads for investment-grade issuers in the government services sector. Rating agencies and investors will monitor the company’s leverage ratios and cash flow coverage following the additional debt.