Reported Earlier, Booz Allen Hamilton Prices $700M Of 5.375% Senior Notes Due 2030 And $500M Of 5.900% Senior Notes Due 2034
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Why It Matters
Booz Allen Hamilton borrowed $1.2 billion by selling bonds (like IOUs) to investors, promising to pay them back with interest over the next 6 to 10 years. When a big company borrows money like this, it shows they think they can handle the debt and have plans for the money—maybe growing their business or paying other costs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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