AI English summary of an SEC filing — figures as filed
Jacobs Solutions JJacobs Solutions entered into a Revolving Credit Agreement on March 16, 2026 for $1,500 million, with the revolving facility maturing on March 16, 2031. The company said it may increase the amount of availability under the revolving credit facility or establish an incremental term loan facility in an aggregate amount of up to $750 million if certain conditions are satisfied.
Key points
AI summaryJacobs Solutions entered into a Revolving Credit Agreement on March 16, 2026 for $1,500 million, with the revolving facility maturing on March 16, 2031. The company said it may increase the amount of availability under the revolving credit facility or establish an incremental term loan facility in an aggregate amount of up to $750 million if certain conditions are satisfied.
The company entered into a Term Loan Agreement on March 16, 2026 and secured a $700 million Three Year Term Loan Facility maturing on March 16, 2029 and a $500 million Five Year Term Loan Facility maturing on March 16, 2031. It borrowed both term loans on March 17.
Jacobs Solutions said Jacobs Engineering Group Inc. borrowed revolving loans of $545 million on March 16, 2026 and used the proceeds to repay outstanding obligations under the Existing Revolving Credit Agreement. The company also said it borrowed approximately $56 million on the same day and will use the net proceeds to finance the cash consideration of the acquisition of the remaining issued share capital of PA Consulting Group Limited owned by PA Shareholders, together with proceeds of loans borrowed under the Term Loan Agreement and cash on hand if needed based on the final adjusted purchase price of the acquisition.
Jacobs Solutions said the commitment fee on the unused portion of the Revolving Credit Agreement facility will range between 0.090% and 0.225%, and the margin on SOFR and other reference rate loans will range between 0.875% and 1.625%. Under both agreements, the company must maintain a Consolidated Leverage Ratio of 3.50:1.00 or less, subject to temporary increases to 4.00:1.00 following the closing of certain material acquisitions.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Revolving Credit Agreement entered into: $1,500 million facility, maturing in 2031
Jacobs Solutions entered into a Revolving Credit Agreement on March 16, 2026 for $1,500 million, with the revolving facility maturing on March 16, 2031. The company said it may increase the amount of availability under the revolving credit facility or establish an incremental term loan facility in an aggregate amount of up to $750 million if certain conditions are satisfied.
Source · Based on the filing body and exhibits
Term Loan Agreement: Three Year $700 million, Five Year $500 million
The company entered into a Term Loan Agreement on March 16, 2026 and secured a $700 million Three Year Term Loan Facility maturing on March 16, 2029 and a $500 million Five Year Term Loan Facility maturing on March 16, 2031. It borrowed both term loans on March 17.
Source · Based on the filing body and exhibits
Existing Revolving Credit Agreement repaid and PA Consulting acquisition financing
Jacobs Solutions said Jacobs Engineering Group Inc. borrowed revolving loans of $545 million on March 16, 2026 and used the proceeds to repay outstanding obligations under the Existing Revolving Credit Agreement. The company also said it borrowed approximately $56 million on the same day and will use the net proceeds to finance the cash consideration of the acquisition of the remaining issued share capital of PA Consulting Group Limited owned by PA Shareholders, together with proceeds of loans borrowed under the Term Loan Agreement and cash on hand if needed based on the final adjusted purchase price of the acquisition.
Source · Based on the filing body and exhibits
Interest rate margins, commitment fee and Consolidated Leverage Ratio requirements
Jacobs Solutions said the commitment fee on the unused portion of the Revolving Credit Agreement facility will range between 0.090% and 0.225%, and the margin on SOFR and other reference rate loans will range between 0.875% and 1.625%. Under both agreements, the company must maintain a Consolidated Leverage Ratio of 3.50:1.00 or less, subject to temporary increases to 4.00:1.00 following the closing of certain material acquisitions.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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