Leonardo DRS US$500m senior unsecured revolving credit facility
Working capital and general corporate purposes
Key terms
- Borrower or issuer
- Leonardo DRS
- Date
- 28 Jan 2026
- Type
- Bank facility
- Amount
- US$500m
- Pricing
- SOFR + 1.250% to 1.625% (leverage grid)
- Maturity
- 2031-01
Recorded terms
- Structure
- Five-year senior unsecured revolving credit facility, guaranteed by US subsidiaries
- Lenders and arrangers
- JPMorgan Chase Bank, N.A., administrative agent
- Country
- United States
Parties
- Leonardo DRS borrower or issuer
- Agent: J.P. Morgan
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 27 Feb 2026 | Booz Allen Hamilton US$2.25bn revolver and term loan A-2 (2026) | Bank facility | US$2.25bn |
| 18 Dec 2025 | EIB €100m intermediated loan to Piraeus Bank for security and defence | Bank facility | €100m |
| 24 Apr 2026 | Amentum US$4.0bn refinancing (term loans A and B and revolver, 2026) | Bank facility | US$3.99bn |
| 19 May 2026 | Curtiss-Wright US$1bn revolving credit facility (2026) | Bank facility | US$1bn |
| 21 Jul 2025 | Hensoldt €300m Schuldschein loan | Bank facility | €300m |
More from Leonardo DRS
| Date | Financing | Type | Amount |
|---|---|---|---|
| 29 Nov 2022 | Leonardo DRS US$500m term loan A and revolving credit facility | Bank facility | US$500m |
M&A and investment involving Leonardo DRS
| Date | Deal | Type | Value |
|---|---|---|---|
| 28 Jul 2026 | Leonardo DRS acquisition of Raft | M&A Announced | US$450m |
| 28 Nov 2022 | Leonardo DRS and RADA merger | M&A | Not disclosed |
Sources
- Leonardo DRS Form 8-K: credit agreement sec.gov · 28 Jan 2026
About this record
Record DEF-2026-0025, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
