Engility US$300m 8.875% senior notes due 2024
With the new term loans, refinanced the TASC merger debt
Key terms
- Borrower or issuer
- Engility
- Date
- 12 Aug 2016
- Type
- Bond
- Amount
- US$300m
- Pricing
- 8.875% fixed
- Maturity
- 2024
Recorded terms
- Structure
- US$300m 8.875% senior unsecured notes due 2024 (Rule 144A)
- Lenders and arrangers
- Rule 144A offering
- Country
- United States
Parties
- Engility borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 11 Aug 2016 | General Dynamics US$1,000m senior notes (2 tranches) | Bond | US$1bn |
| 4 Oct 2016 | Babcock International £300m 1.875% bonds due 2026 | Bond | £300m |
| 1 Jun 2016 | FLIR Systems US$425m 3.125% notes due 2021 | Bond | US$425m |
| 31 May 2016 | Thales €600m 0.75% bond due 2023 | Bond | €600m |
| 26 May 2016 | Kongsberg Gruppen NOK 2bn unsecured bonds (FRN 2021 and 3.20% 2026) | Bond | NOK 2bn |
More from Engility
| Date | Financing | Type | Amount |
|---|---|---|---|
| 12 Aug 2016 | Engility US$1.045bn senior secured credit facilities | Bank facility | US$1.04bn |
M&A and investment involving Engility
| Date | Deal | Type | Value |
|---|---|---|---|
| 14 Jan 2019 | SAIC acquisition of Engility | M&A | US$2.5bn |
Sources
- Engility Form 8-K (credit agreement and 8.875% notes) sec.gov · 15 Aug 2016
About this record
Record DEF-2016-0015, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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
Senior notes are unsecured promises to pay, priced off government bonds; the prospectus sets the covenants, the change-of-control put and the redemption terms.
