Science Applications International Corp.'s $400 Million Senior Unsecured Notes Due 2034 Rated'BB-'(Recovery:'6') - S&P Global Ratings’ Credit Research

Science Applications International Corp.'s $400 Million Senior Unsecured Notes Due 2034 Rated'BB-'(Recovery:'6')

Science Applications International Corp.'s $400 Million Senior Unsecured Notes Due 2034 Rated'BB-'(Recovery:'6') - S&P Global Ratings’ Credit Research
Science Applications International Corp.'s $400 Million Senior Unsecured Notes Due 2034 Rated'BB-'(Recovery:'6')
Published Nov 02, 2026
Published Nov 02, 2026
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Nov. 2, 2026--S&P Global Ratings today assigned its'BB-'issue-level rating and'6'recovery rating to Science Applications International Corp.'s proposed $400 million senior unsecured notes due 2034. The'BB-'issue-level rating is in line with our rating on the company's existing senior unsecured notes and two notches below our rating on its existing first-lien debt. The'6'recovery rating indicates our expectation for negligible (0%-10%; rounded estimate: 0%) recovery in the event of a default. We expect SAIC will use the proceeds from this new debt to repay its existing $400 million senior unsecured notes due 2028. Our'BB+'issuer credit rating on SAIC is unchanged. ISSUE RATINGS--RECOVERY ANALYSIS Key analytical factors SAIC's proposed

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Science Applications International Corp.'s $400 Million Senior Unsecured Notes Due 2034 Rated'BB-'(Recovery:'6')" Nov 02, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Science-Applications-International-Corp-s-400-Million-Senior-Unsecured-Notes-Due-2034-Rated-BB-Recovery-6-3653097>
  
APA:
S&P Global Ratings’ Credit Research. (). Science Applications International Corp.'s $400 Million Senior Unsecured Notes Due 2034 Rated'BB-'(Recovery:'6') Nov 02, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Science-Applications-International-Corp-s-400-Million-Senior-Unsecured-Notes-Due-2034-Rated-BB-Recovery-6-3653097>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.