Booz Allen Hamilton amends credit agreement, lifts revolver to $1.5 billion
Booz Allen Hamilton and its subsidiary signed an eleventh amendment to their credit agreement on February 27, 2026. The revolving credit facility was replaced and increased by $500 million to $1.5 billion, and a new $750 million Tranche A-2 term loan was used to repay part of the existing term loans, with both maturing February 27, 2031. The amendment also loosens certain debt and shareholder-distribution limits, which affects how the company can borrow and return cash to shareholders.
Key points
- Revolving commitments increased from $1.0 billion to $1.5 billion, maturing February 27, 2031
- New $750 million Tranche A-2 Term Loan borrowed to repay $750 million of the roughly $1.464 billion in existing Tranche A term loans
- Covenant changes enlarge debt baskets and expand ability to pay dividends and make equity repurchases, subject to conditions
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 02, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.