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CACI Announces Proposed Offering of $750 Million of Senior Notes Due 2033

1. CACI announced a $750 million offering of senior notes for debt repayment. 2. The offering aims to strengthen CACI's financial position and reduce credit facility debt.

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FAQ

Why Bullish?

Reducing debt can improve financial metrics, enhancing investor confidence, similar to past bond offerings that positively impacted stock prices.

How important is it?

Reducing debt is a positive strategic move that can lead to a more favorable market perception.

Why Short Term?

The immediate financial implications from debt reduction will likely be recognized quickly by the market.

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RESTON, Va.--(BUSINESS WIRE)-- #LimitlessPotential--CACI International Inc (NYSE: CACI) announced today that it has commenced an offering (the “Offering”) of $750 million in aggregate principal amount of unsecured senior notes due 2033 (the “2033 Notes”). CACI intends to use the net proceeds from the Offering to partially repay amounts outstanding under its revolving credit facility. The 2033 Notes will be guaranteed on a senior unsecured basis by all of CACI's subsidiaries that are borrowers or guarantors under CAC.

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