Moody's Investors Service affirmed its ratings for KBR, Inc. ("KBR" or the "company"), including the company's Ba3 corporate family rating ("CFR") and Ba3-PD probability of default rating, as well as its Ba1 senior secured loan ratings. The ratings outlook has been revised to positive from stable.
KBR, Inc. (NYSE: KBR) ("KBR") announced today that it has priced its private offering of $250.0 million aggregate principal amount of 4.750% senior notes due 2028 (the "Notes"). The Notes were priced at par and will be senior unsecured obligations of KBR. The offering is expected to close on September 30, 2020, subject to customary closing conditions.
KBR, Inc. (NYSE: KBR) ("KBR"), a global provider of differentiated technologies, professional services and solutions across the asset and program life cycle within the government services and technology sectors, announced today that it intends to commence, subject to market and customary conditions, a private offering of $250.0 million aggregate principal amount of senior unsecured notes due 2028 (the "Notes").