BREAKING: Leidos amends & restates its credit agreement — revolver increased from $1.0B to $1.5B and…
Filed with the SEC on · Summarized by InvestorsBot
BREAKING: Leidos amends & restates its credit agreement — revolver increased from $1.0B to $1.5B and revolver maturity extended to 5 years (Restatement effective Feb 12, 2026). 🚨 $LDOS #Leidos #CreditFacility #Breaking #Liquidity
ALERT: What this means — bigger, cheaper liquidity available for working capital & general corporate purposes; no borrowings outstanding at signing, so dry powder on the balance sheet. 💡 $LDOS #Liquidity #DebtMarkets #FinTwit #Investing
Confirmed: Unused commitment fee cut to 0.08%-0.20% (ratings-based) from 0.09%-0.25% and the 0.10% credit spread adjustment removed. Term loan unchanged; covenants largely similar. Maturity ≈ Feb 2031. 🧾 $LDOS #Debt #Credit #SEC8K
NOTE: Restatement effective Feb 12, 2026; Citibank, N.A. is administrative agent. Full Restatement Agreement filed as Exhibit 10.1 — see the 8-K for the complete terms. 🔍 $LDOS #8K #CorporateFinance #FinTwit