CACI International Upsizes Debt Offering to $1 Billion with 6.375% Senior Notes Maturing in 2033

Reuters
22 May
CACI International Upsizes Debt Offering to $1 Billion with 6.375% Senior Notes Maturing in 2033

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc $(CACI)$ has announced the pricing of its offering of $1.0 billion in aggregate principal amount of 6.375% unsecured senior notes, maturing on June 15, 2033. This issuance marks a $250 million increase from what was previously announced. The notes are set to be issued at par and are expected to close on June 2, 2025, pending customary closing conditions. The net proceeds from this offering will be used to partially repay amounts outstanding under CACI's revolving credit facility. The notes will be guaranteed on a senior unsecured basis by all of CACI's subsidiaries that are borrowers or guarantors under CACI's senior credit facilities. The 2033 Notes are being offered in the United States to qualified institutional buyers under Rule 144A under the Securities Act of 1933 and to non-U.S. persons outside of the United States in compliance with Regulation S under the Securities Act.

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