Booz Allen Hamilton Holding Corporation (NYSE:BAH) Files An 8-K Entry into a Material Definitive Agreement

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Files An 8-K Entry into a Material Definitive Agreement

Story continues below

Item1.01

Entry into a Material Definitive Agreement.

On May24, 2017, Booz Allen Hamilton Holding Corporations
wholly-owned subsidiary Booz Allen Hamilton Inc. (the Company)
entered into an interest rate swap agreement with each of The
Bank of Tokyo-Mitsubishi UFJ, Ltd., Barclays Bank Plc, and Wells
Fargo Bank, N.A. (collectively, the swaps). The effect of the
swaps is to fix the LIBOR portion of the interest rate on
outstanding debt under the Companys existing credit agreement,
dated as of July31, 2012, as amended by the First Amendment,
dated as of August16, 2013, the Second Amendment, dated as of
May7, 2014, the Third Amendment, dated as of July13, 2016, and
the Fourth Amendment, dated as of February6, 2017, among the
Company, the several banks and other financial institutions or
entities from time to time parties thereto, and Bank of America,
N.A., as administrative agent, collateral agent and issuing
lender. Each swap has a notional amount of $50million and fixes
LIBOR at 1.963% with an effective date of April30, 2018 and a
maturity date of June30, 2022.

The foregoing descriptions of the swaps do not purport to be
complete and are qualified in their entirety by reference to the
respective ISDA Master Agreements and the confirmations of the
respective swaps, which are filed as Exhibits 10.1, 10.2, 10.3,
10.4, 10.5, and 10.6 hereto and incorporated herein by reference.

Item2.03 Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

The disclosure set forth above under Item 1.01 is incorporated by
reference into this Item 2.03.

Item9.01 Financial Statements and Exhibits.

Exhibit No.

Description

10.1 ISDA Master Agreement, by and between Booz Allen Hamilton
Inc. and The Bank of Tokyo-Mitsubishi UFJ, Ltd. dated as of
January13, 2015 (the Bank of Tokyo-Mitsubishi Master
Agreement) and the Amendment to the Bank of Tokyo-Mitsubishi
Master Agreement, dated as of April18, 2017 (including the
Schedule thereto).
10.2 ISDA Master Agreement, by and between Booz Allen Hamilton
Inc. and Barclays Bank Plc, dated as of December11, 2014 (the
Barclays Master Agreement) and the Amendment to the Barclays
Master Agreement, dated as of May18, 2017 (including the
Amended and Restated Schedule thereto).
10.3 ISDA Master Agreement, by and between Booz Allen Hamilton
Inc. and Wells Fargo Bank, N.A., dated as of February13, 2017
(the Wells Fargo Master Agreement), including the Schedule
thereto.
10.4 Confirmation of transaction, by and between Booz Allen
Hamilton Inc. and The Bank of Tokyo-Mitsubishi UFJ, Ltd.
dated as of May26, 2017.
10.5 Confirmation of transaction, by and between Booz Allen
Hamilton Inc. and Barclays Bank Plc, dated as of May30, 2017.
10.6 Confirmation of transaction, by and between Booz Allen
Hamilton Inc. and Wells Fargo Bank, N.A. dated as of May25,
2017.


About Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients. Its commercial clients in the United States are primarily in the financial services, healthcare and life sciences, energy, high-technology manufacturing, retail, and automotive industries. Its international clients are primarily in the Middle East, along with a presence in Southeast Asia. The Company’s functional service offerings include Systems Delivery, Engineering and Science, Cyber, Analytics and Consulting. The Company’s innovation service offerings are Digital, Cyber Futures, Next Generation Analytics and Directed Energy.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Recent Trading Information

Booz Allen Hamilton Holding Corporation (NYSE:BAH) closed its last trading session up +0.19 at 39.44 with 1,533,304 shares trading hands.

An ad to help with our costs