Booz Allen Hamilton Holding Corporation (NYSE:BAH) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
Booz Allen Hamilton Holding Corporation (“Booz Allen”), the parent company of management and technology consulting firm Booz Allen Hamilton Inc. (the “Borrower”), today announced that the company’s management is exploring, subject to continuing management review and to further consideration and ultimate approval by the company’s Board of Directors, a possible repricing for the Borrower’s existing Term Loan B credit facility. The repricing amendment is not intended to increase the Borrower’s total amount of outstanding indebtedness. The Borrower is exploring this potential repricing amendment in connection with the ongoing evaluation of its capital structure, taking into account a currently favorable credit environment.
If consummated, the terms of the repricing amendment will be disclosed upon completion. For the avoidance of doubt, the consummation of the repricing amendment is subject to further consideration and ultimate approval by Booz Allen’s Board of Directors.
Forward Looking Statements
This report contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). These statements express Booz Allen’s current expectation of future events or its future performance and do not relate directly to historical or current events. As such, Booz Allen’s future actions and related results may vary from any expectations or goals expressed in, or implied by, the forward-looking statements included in this report, possibly to a material degree. Booz Allen can offer no assurance that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any long-term goals will be realized. Specifically, the amendment described in this report is contingent upon, among other things, approval by the company’s Board of Directors, and Booz Allen can offer no assurance that this proposed transaction will be approved by the company’s Board of Directors or consummated on the terms or within the timeframe that Booz Allen currently contemplates, if at all. All forward-looking statements included in this report speak only as of the date made, and, except as required by law, Booz Allen undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise.
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 down -0.19 at 35.60 with 918,473 shares trading hands.