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Caci International ( (CACI) ) just unveiled an update.
On October 30, 2024, CACI International Inc secured a $750 million Term Loan B Facility to partially finance the acquisition of Azure Summit Technology, LLC for $1.275 billion. The loan, maturing in 2031, is backed by the company’s assets and allows for potential increases in principal, with interest based on a floating rate. The agreement imposes customary restrictions on further indebtedness and financial activities.
For an in-depth examination of CACI stock, go to TipRanks’ Stock Analysis page.
