NEW YORK (S&P Global Ratings) Feb. 24, 2020--S&P Global Ratings today assigned its 'BB+' issue-level rating and '4' recovery rating to Science Applications International Corp.'s (SAIC) proposed $600 million incremental term loan B due 2027. The '4' recovery rating indicates our expectation for average (30%-50%; rounded estimate: 45%) recovery. At the same time, we revised our recovery rating on the company's secured credit facility, which comprises a $400 million revolver due 2023, a $1.068 billion term loan A ($918 million outstanding as of Nov. 1, 2019) due 2023, a $1.05 billion term loan B ($1.039 billion outstanding) due 2025, and the new $600 million incremental term loan B, to '4' from '3'. The '4' recovery rating indicates our expectation for
