KBR plans to use revolver borrowings to acquire Honeywell Technology

By Marisa Wong

Morgantown, W.Va., Aug. 12 – KBR, Inc. expects to use funds available under its amended and restated revolving credit agreement dated Sept. 25, 2015 to fund its acquisition of Honeywell Technology Solutions Inc., according to an 8-K filing with the Securities and Exchange Commission.

The transaction is valued at $300 million.

KBR is an engineering, construction and services company based in Houston.

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