Jason Gursky

Matthew Akers

Cai von Rumohr

Colin Canfield

Ellen Page

Gautam Khanna

Gavin Parsons

Seth Seifman

Tobey Sommer

Bert Subin

Jack Wilson

Josh Korn

Joshua Korn

Noah Poponak

Sheila Kahyaoglu

- Science Applications International Corporation (SAIC) entered into an Eighth Amendment to its credit agreement on **September 30, 2025**, establishing new credit facilities.  **[1571123_0001571123-25-000178_saic-20250930.htm:2]** 
- The new facilities include a **$1,100,000,000 senior secured term loan "A" facility** and a **$1,000,000,000 revolving credit facility**, both maturing on **September 30, 2030**.  **[1571123_0001571123-25-000178_saic-20250930.htm:2]** 
- Proceeds from the new term loan were used to repay existing Term A Loans, cover fees, and fund cash on the balance sheet, while the new revolving credit facility refinanced the existing one.  **[1571123_0001571123-25-000178_saic-20250930.htm:2]**

Science Applications International Corporation secures new credit facilities

- Science Applications International Corporation (SAIC) **closed a private offering** of **$500 million** aggregate principal amount of **5.875% Senior Notes due 2033** on **September 25, 2025**.  **[1571123_0001571123-25-000176_saic-20250925.htm:1]** **[1571123_0001571123-25-000176_saic8k09252025exhibit41.htm:7]** **[1571123_0001571123-25-000176_saic8k09252025exhibit41.htm:148]** 
- The offering generated **net proceeds of approximately $493.0 million**, which SAIC intends to use primarily to **repay indebtedness** under its revolving credit facility and for general corporate purposes.  **[1571123_0001571123-25-000176_saic-20250925.htm:1]** 
- The Notes are **senior unsecured obligations** of the company, fully and unconditionally guaranteed by its existing and future domestic subsidiaries.  **[1571123_0001571123-25-000176_saic-20250925.htm:1]** 
- Holders have the right to require SAIC to repurchase the Notes at **101% of the principal amount** plus accrued interest upon certain change of control events.  **[1571123_0001571123-25-000176_saic-20250925.htm:1]** **[1571123_0001571123-25-000176_saic8k09252025exhibit41.htm:102]**

SAIC closes private offering of senior notes

- Science Applications International Corp. (SAIC) announced the pricing of **$500.0 million** aggregate principal amount of **5.875% senior notes due 2033**.  **[1571123_0001571123-25-000174_saic8-k09222025xexhibit991.htm:0]** 
- The notes were priced at **100% of their principal amount**, and the offering is expected to close on **September 25, 2025**.  **[1571123_0001571123-25-000174_saic8-k09222025xexhibit991.htm:0]** **[1571123_0001571123-25-000174_saic-20250922.htm:1]** 
- SAIC intends to use the net proceeds primarily to **repay all indebtedness outstanding under its revolving credit facility** and for general corporate purposes, including funding growth and potential strategic projects and transactions.  **[1571123_0001571123-25-000174_saic8-k09222025xexhibit991.htm:0]** **[1571123_0001571123-25-000174_saic-20250922.htm:1]**

SAIC Prices $500 Million Senior Notes Offering

- Science Applications International Corp. (SAIC) announced a proposed offering of **$500.0 million** aggregate principal amount of senior notes due **2033**.  **[1571123_0001571123-25-000172_saic09222025debtofferingxe.htm:0]** **[1571123_0001571123-25-000172_saic-20250922.htm:1]** 
- The net proceeds from the notes offering are intended to **repay outstanding indebtedness** under its revolving credit facility and cover offering expenses, with any remainder for general corporate purposes.  **[1571123_0001571123-25-000172_saic09222025debtofferingxe.htm:0]** 
- Concurrently with the notes offering, SAIC is seeking to amend its Credit Agreement to refinance its Term Loan A Facility due June 2027 with a new **$1.1 billion** senior secured term loan 'A' facility maturing in **2030**, and its existing Revolving Credit Facility with a new **$1.0 billion** senior secured revolving credit facility maturing in **2030**.  **[1571123_0001571123-25-000172_saic-20250922.htm:1]** 
- Both the notes offering and the credit agreement amendment are subject to market and other conditions, and neither is conditioned on the other's closing.  **[1571123_0001571123-25-000172_saic-20250922.htm:1]**

SAIC Announces Proposed Senior Notes Offering and Credit Facility Refinancing

Science Applications International (SAIC)