CACI International enters $3.25 billion credit agreement maturing November 2030
CACI International entered a Second Amended and Restated Credit Agreement on November 25, 2025, with Bank of America as administrative agent. The deal replaces the company's December 2021 credit agreement and provides a $1.25 billion term loan and a $2.0 billion revolving credit facility, both maturing November 25, 2030. The filing describes financial covenants, secured borrowing against substantially all company and material domestic subsidiary assets, and terms that let CACI add debt in certain circumstances.
Key points
- Term loan facility of $1.25 billion and revolving credit facility of $2.0 billion, both maturing November 25, 2030
- Revolver includes $150.0 million swing line and $25.0 million letter of credit subfacilities
- Accordion allows incremental borrowing of up to the greater of $1.105 billion and 100% of Consolidated EBITDA, plus other amounts
- Loans are secured by substantially all assets of the company and material domestic subsidiaries, with floating rates tied to Term SOFR or base rate plus a leverage-based margin
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 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 December 01, 2025.
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.