August 1, 2023 – McLean, Virginia
Booz Allen Hamilton Holding Corporation (NYSE: BAH) (“Booz Allen”) announced that its wholly owned subsidiary, Booz Allen Hamilton Inc. (the “Issuer”), has priced $650 million aggregate principal amount of its 5.950% Senior Notes due 2033 (the “Notes”). The offering is expected to close on August 4, 2023, subject to certain closing conditions. Booz Allen will fully and unconditionally guarantee the Notes on a senior unsecured basis.
The Issuer intends to use a portion of the net proceeds from the sale of the Notes to repay revolving borrowings outstanding under its revolving credit facility, and the remainder of the net proceeds for general corporate purposes.
BofA Securities, Inc. and J.P. Morgan Securities LLC are acting as representatives of the underwriters and as joint book-running managers for the offering along with Goldman Sachs & Co. LLC, PNC Capital Markets LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc., and Wells Fargo Securities, LLC. Capital One Securities, Inc., Fifth Third Securities, Inc., Huntington Securities, Inc., ICBC Standard Bank Plc, M&T Securities, Inc., MUFG Securities Americas Inc., Siebert Williams Shank & Co., LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc., and WauBank Securities LLC also acted as co-managers for the offering.
This press release is for informational purposes only and is not an offer to sell or purchase nor the solicitation of an offer to sell or purchase securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the underwriters can arrange to send you the prospectus if you request it from one of the representatives of the underwriters by calling or e-mailing BofA Securities, Inc. at 1-800-294-1322 or [email protected] or calling J.P. Morgan Securities LLC collect at 1-212-834-4533.
