Leidos to pay balance on 364-day loan, portion of five-year loan

By Taylor Fox

New York, Oct. 5 – Leidos Holdings, Inc. plans to pay the outstanding balance on its 364-day term loan facility and a portion of the outstanding balance on its five-year term loan facility with proceeds from its private offering of senior notes, according to a news release.

Any remaining proceeds will be used for general corporate purposes.

Leidos is a Reston, Va.-based defense, aviation, information technology and engineering company.

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