SAIC issues $500 million in 6.75% senior notes due 2034
SAIC•SAIC closed a $500 million private offering of 6.75% senior notes due 2034 on November 13, 2026. It used approximately $493 million in net proceeds to redeem all outstanding 4.88% senior notes due 2028.
1. Notes offering
SAIC closed a $500 million private offering of 6.75% senior notes due 2034 on November 13, 2026. The senior unsecured notes are guaranteed by qualifying domestic subsidiaries, and Truist Bank is the trustee.
2. Use of proceeds
Approximately $493 million in net proceeds funded redemption of all outstanding 4.88% senior notes due 2028. Remaining proceeds will cover offering fees and expenses, with any balance available for general corporate purposes.
