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AI brief of an SEC Form 8-K · Science Applications Intl (SAIC)

SAIC closes $500 million 5.875% senior notes offering due 2033

Neutral Impact 3 of 5 financing Written later

Science Applications International closed a $500 million private offering of 5.875% Senior Notes due 2033 on September 25, 2025, receiving net proceeds of about $493.0 million. The company plans to use the proceeds mainly to repay all borrowings under its revolving credit facility, with any remainder for general corporate purposes.

Key points

  • Principal amount: $500 million of 5.875% Senior Notes due 2033, closed September 25, 2025
  • Net proceeds of approximately $493.0 million after the initial purchasers' discount and offering fees
  • Proceeds intended first to repay all indebtedness under the revolving credit facility
  • Indenture with U.S. Bank Trust Company, National Association as trustee; notes are senior unsecured and guaranteed by domestic subsidiaries

The filing

CompanyScience Applications Intl (SAIC)
Form8-K, current report
Filed with the SECSep 25, 2025, 4:36 PM ET
Accession number0001571123-25-000176

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing 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 September 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.