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ICF Credit Facility Borrowing Limit Raised to $500M
ICF International (NYSE: ICF) signed an amendment to allow its credit facility to borrow up to $500 million, the company announced Thursday.
The five-year senior credit agreement will allow revolver borrowings of up to $400 million.
The agreement also has an additional accordion feature to allow expansion byBudget Year an additional $100 million.
Chairman...
ManTech to Fund Acquisitions, Pursue Organic Growth with $500M Credit Facility
ManTech International (NASDAQ: MANT) has issued a new $500 million senior secured credit facility to enhance its capital position and financial flexibility, the company announced today.
ManTech said the facility will provide an increased ability to drive organic growth and strategic acquisitions.
The five-year credit facility enables borrowings up to...
CGI Group to Raise $475M in Debt Financing
CGI Group Inc. (NYSE: GIB) has entered a $475 million debt placement with six U.S. private investors.
The company will use some placement proceeds to pay down part of the its revolving term facility, which matures in August 2012.
The placement has three tranches of guaranteed senior unsecured notes. The tranches have a weighted average maturity of 8.2...





