CACI International US$750m term loan B for the Azure Summit acquisition
Part-finance the US$1.275bn acquisition of Azure Summit Technology
Key terms
- Borrower or issuer
- CACI International
- Date
- 30 Oct 2024
- Type
- Acquisition finance
- Amount
- US$750m
- Pricing
- Base rate or Term SOFR + margin
- Maturity
- 2031-10-30
Recorded terms
- Structure
- Senior secured term loan B, secured by substantially all assets and guaranteed by material domestic subsidiaries
- Lenders and arrangers
- JPMorgan Chase Bank, N.A., administrative agent
- Country
- United States
Parties
- CACI International borrower or issuer
- Lenders: J.P. Morgan
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 27 Sep 2024 | Amentum US$1,000m 7.250% senior notes due 2032 | Acquisition finance | US$1bn |
| 27 Sep 2024 | Amentum US$4.6bn credit facilities for the Jacobs government services combination | Acquisition finance | US$4.6bn |
| 1 May 2025 | AeroVironment US$700m term loan A for the BlueHalo acquisition | Acquisition finance | US$700m |
| 5 Dec 2023 | Hensoldt acquisition financing for ESG | Acquisition finance | €675m |
| 15 Nov 2023 | TransDigm US$1.0bn 7.125% senior secured notes due 2031 for the CPI Electron Device acquisition | Acquisition finance | US$1bn |
More from CACI International
| Date | Financing | Type | Amount |
|---|---|---|---|
| 9 Mar 2026 | CACI International US$800m incremental term B-2 loans for the ARKA acquisition | Acquisition finance | US$800m |
| 26 Feb 2026 | CACI International US$500m 6.375% senior notes due 2033 | Bond | US$500m |
| 25 Nov 2025 | CACI International US$3.25bn credit facilities (2025) | Bank facility | US$3.25bn |
| 21 May 2025 | CACI International US$1,000m 6.375% senior notes | Bond | US$1bn |
| 13 Dec 2021 | CACI International US$3.2bn credit facilities (2021) | Bank facility | US$3.2bn |
| 17 Jan 2019 | CACI US$400m incremental revolving credit commitments | Bank facility | US$400m |
M&A and investment involving CACI International
| Date | Deal | Type | Value |
|---|---|---|---|
| 9 Mar 2026 | CACI acquisition of ARKA Group | M&A | US$2.6bn |
| 30 Oct 2024 | CACI acquisition of Azure Summit Technology | M&A | US$1.27bn |
| 1 Feb 2016 | CACI acquisition of L-3 National Security Solutions | M&A | US$550m |
Sources
About this record
Record DEF-2024-0024, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Acquisition debt is committed before signing, often as a bridge, and refinanced with bonds or term loans once the deal closes.
