Booz Allen Hamilton Issues $1.2B Senior Notes (2030, 2034)
$BAH · Booz Allen Hamilton Holding CorpResearch Summary
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Booz Allen Hamilton Issues $1.2B Senior Notes (2030, 2034)
What Happened
Booz Allen Hamilton Inc. announced on August 4, 2026 that it issued $700 million aggregate principal of 5.375% Senior Notes due 2030 and $500 million aggregate principal of 5.900% Senior Notes due 2034 (total $1.2 billion). The notes were issued under an Indenture (Base Indenture dated August 4, 2023, and a Third Supplemental Indenture dated August 4, 2026) and are fully and unconditionally guaranteed on an unsecured, unsubordinated basis by parent guarantor Booz Allen Hamilton Holding Corporation. The sale closed August 4, 2026, and the offering was made under an effective shelf registration statement on Form S-3 that became effective July 24, 2026.
Key Details
- Issuance amounts: $700,000,000 of 5.375% Senior Notes due 2030; $500,000,000 of 5.900% Senior Notes due 2034.
- Guarantee: Unsecured, unsubordinated guarantee by Booz Allen Hamilton Holding Corporation.
- Documents filed: Third Supplemental Indenture (including note forms), Underwriting Agreement dated July 28, 2026, and legal opinion of Debevoise & Plimpton LLP filed as exhibits to the 8-K.
- Underwriters: Representatives included BofA Securities, J.P. Morgan Securities, PNC Capital Markets and Truist Securities.
Why It Matters
This transaction creates a new direct financial obligation of $1.2 billion for the company with fixed interest rates and maturities in 2030 and 2034, which will affect Booz Allen’s debt profile, scheduled interest expense, and long-term capital structure. The filing does not specify the use of proceeds. Investors should note the amount, interest rates, maturities and the parent guaranty when assessing leverage, interest coverage and refinancing risk.