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

SAIC prices upsized $500 million senior notes due 2034 to redeem 2028 notes

Neutral Impact 3 of 5 financing

Science Applications International Corp. priced a private offering of $500 million in 6.75% senior notes due 2034, upsized from the $400 million it first announced, at 100% of principal. The company plans to use the net proceeds to redeem all of its outstanding 4.875% Senior Notes due 2028, which refinances existing debt and does not change the company's reported results. The offering is expected to close on or about November 13, 2026, subject to customary closing conditions.

Key points

  • Priced $500 million of 6.75% senior notes due 2034 at 100% of principal, up from the $400 million announced at launch
  • Net proceeds to redeem all outstanding 4.875% Senior Notes due 2028, with any remainder for general corporate purposes
  • Redemption of the 2028 Notes is conditioned on closing of the offering
  • Closing expected on or about November 13, 2026

The filing

CompanyScience Applications Intl (SAIC)
Form8-K, current report
Filed with the SECNov 2, 2026, 5:28 PM ET
Accession number0001571123-26-000148

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.