SAIC Announces Proposed Offering of $500.0 Million in Senior Notes
SAIC (NASDAQ: SAIC), a Fortune 500 technology integrator, has announced plans to offer $500.0 million in senior notes due 2033. The offering will be made to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
The company plans to use the proceeds to repay existing revolving credit facility debt, cover offering expenses, and fund general corporate purposes, including working capital, growth initiatives, and potential strategic projects. The notes and related guarantees have not been registered under the Securities Act and will be subject to certain registration exemptions and restrictions.
SAIC (NASDAQ: SAIC), un integratore tecnologico della Fortune 500, ha annunciato piani per offrire $500,0 milioni in note senior con scadenza 2033. L'offerta sarà rivolta a qualified institutional buyers ai sensi della Rule 144A e a soggetti non statunitensi ai sensi del Regulation S della Securities Act.
L'azienda intende utilizzare i proventi per ripagare il debito esistente della linea di credito revolving, coprire le spese dell'offerta e finanziare finalità aziendali generali, inclusi capitale circolante, iniziative di crescita e potenziali progetti strategici. Le note e le relative garanzie non sono state registrate ai sensi della Securities Act e saranno soggette a determinate esenzioni e restrizioni di registrazione.
SAIC (NASDAQ: SAIC), un integrador tecnológico de la lista Fortune 500, ha anunciado planes para ofrecer $500.0 millones en notas senior con vencimiento en 2033. La oferta se realizará a compradores institucionales calificados conforme a la Regla 144A y a personas no estadounidenses conforme al Reglamento S de la Securities Act.
La compañía planea usar los ingresos para pagar la deuda existente de la línea de crédito revolvente, cubrir los gastos de la oferta y financiar fines corporativos generales, incluyendo capital de trabajo, iniciativas de crecimiento y posibles proyectos estratégicos. Las notas y las garantías relacionadas no han sido registradas bajo la Securities Act y estarán sujetas a ciertas exenciones y restricciones de registro.
SAIC (NASDAQ: SAIC), Fortune 500 기업으로 분류되는 기술 통합 기업은 2033년 만기 우선채권 5억 달러를 발행할 계획을 발표했습니다. 이번 발행은 Rule 144A에 따른 자격을 갖춘 기관투자자와 Securities Act의 Regulation S에 따른 미국 비거주자에게 이루어집니다.
회사측은 조달받은 자금을 현행 순환신용시설 부채를 상환하고, 발행 비용을 충당하며, 일반 기업 목적(운전자본, 성장 이니셔티브 및 잠재적 전략 프로젝트)을 위해 사용할 계획입니다. 채권 및 관련 보증은 증권법에 따라 등록되지 않았으며, 특정 등록 면제 및 제한의 대상이 될 것입니다.
SAIC (NASDAQ: SAIC), un intégrateur technologique du classement Fortune 500, a annoncé son intention d’émettre 500,0 millions de dollars en obligations seniors arrivant à échéance en 2033. L’offre sera réservée à des acheteurs institutionnels qualifiés en vertu de la Rule 144A et à des personnes non américaines en vertu du Regulation S du Securities Act.
La société prévoit d’utiliser le produit pour rembourser la dette existante de la ligne de crédit renouvelable, couvrir les frais d’émission et financer des finalités générales de l’entreprise, notamment le fonds de roulement, les initiatives de croissance et d’éventuels projets stratégiques. Les notes et les garanties associées n’ont pas été enregistrées en vertu du Securities Act et seront soumises à certaines exemptions d’enregistrement et à des restrictions.
SAIC (NASDAQ: SAIC), ein Fortune-500-Technologie-Integrator, hat Pläne angekündigt, $500,0 Millionen an Senior Notes mit Fälligkeit 2033 anzubieten. Das Angebot richtet sich gemäß Rule 144A an qualifizierte institutionelle Käufer und gemäß Regulation S des Securities Act an Nicht-US-Personen.
Das Unternehmen beabsichtigt, die Erlöse zu verwenden, um bestehende revolvierende Kreditfazilitäten-Schulden zurückzuzahlen, Emissionskosten zu decken und allgemeine Unternehmenszwecke zu finanzieren, einschließlich Working Capital, Wachstumsinitiativen und potenzieller strategischer Projekte. Die Notes und die entsprechenden Garantien wurden nicht gemäß dem Securities Act registriert und unterliegen bestimmten Registrierungsausnahmen und Einschränkungen.
SAIC (بورصة ناسداك: SAIC)، مُدمِج تكنولوجي من فئة فورتشن 500، أعلن عن خطط لإصدار $500.0 مليوناً في سندات senior تستحق في 2033. سيُطرح العرض للمشترين المؤسسيين المؤهلين بموجب القاعدة 144A ولغير الأميركيين بموجب التنظيم S من Securities Act.
تخطط الشركة لاستخدام العائدات لسداد ديون تسهيل الائتمان المتجدد القائم، وتغطية نفقات الإصدار، وتمويل أغراض عامة للشركة، بما في ذلك رأس المال العامل، مبادرات النمو، والمشروعات الاستراتيجية المحتملة. لم تُسجل السندات والضمانات ذات الصلة بموجب Securities Act وستخضع لإعفاءات وتقييدات تسجيل محددة.
SAIC（纳斯达克：SAIC），一家财富500强的技术整合商，宣布计划发行$500.0 百万美元的高级债券，期限至2033年。此次发行将根据证券法的Rule 144A向合格机构买家以及根据Regulation S向美国以外的人员进行。
公司计划将收益用于偿还现有循环信贷额度的债务、支付发行费用，以及资助一般企业用途，包括营运资金、增长举措和潜在的战略项目。债券及相关担保尚未按照证券法登记，将受某些登记豁免和限制的约束。
- Potential strengthening of capital structure through debt refinancing
- Additional financial flexibility for growth initiatives and strategic projects
- Extended debt maturity profile with notes due 2033
- Increased long-term debt obligations with new $500 million notes
- Additional interest expense burden on the company
Insights
SAIC's $500M debt offering aims to refinance existing debt and fund strategic growth, indicating proactive capital management.
SAIC is planning to issue
What's particularly noteworthy is the allocation of remaining proceeds toward "general corporate purposes, including working capital to fund growth and potential strategic projects and transactions." This signals that beyond mere refinancing, SAIC is positioning itself for potential expansion or strategic acquisitions in the defense, space, civilian, and intelligence sectors where it operates as a technology integrator. The company's approach indicates proactive financial management rather than reactive debt servicing.
The private placement to qualified institutional buyers under Rule 144A exemption is standard for this type of offering, allowing SAIC to avoid some regulatory requirements of public offerings while still accessing institutional capital. This debt issuance appears to be part of a broader capital allocation strategy rather than addressing any immediate liquidity concerns, suggesting management confidence in future operational performance to service this additional long-term debt obligation.
RESTON, Va., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) (“SAIC”), a premier Fortune 500 technology integrator driving our nation's digital transformation across the defense, space, civilian, and intelligence markets, announced today that it intends to commence an offering of
SAIC intends to use the net proceeds from the offering of the Notes to repay all indebtedness outstanding under its revolving credit facility and to pay estimated fees and expenses of the offering of the Notes, with any remaining net proceeds being used for general corporate purposes, including working capital to fund growth and potential strategic projects and transactions.
The Notes and the related guarantees are being offered and sold to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been registered for sale under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. The Notes being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the applicable private offering memorandum.
About SAIC
SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.
We are approximately 24,000 strong and headquartered in Reston, Virginia; driven by mission, united by purpose, and inspired by opportunities.
Forward-Looking Statements
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, statements relating to the offering of the Notes, our ability to complete such offering and the anticipated use of net proceeds therefrom. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (the “SEC”), which may be viewed or obtained through the Investor Relations section of our website or on the SEC’s website. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.
Contacts
Investor Relations: Joe DeNardi, joseph.w.denardi@saic.com
Media: Kara Ross, kara.g.ross@saic.com
FAQ
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