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KBR may use existing credit facility or new debt for Centauri buy
By Sara Rosenberg
New York, Aug. 19 – KBR Inc. may use borrowings under its existing senior credit facility or new debt financing to help fund its acquisition of Centauri LLC from Arlington Capital Partners, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.
Other funds for the $827 million acquisition will come from available cash on hand.
KBR is a Houston-based provider of comprehensive solutions for aerospace and defense, energy and chemicals, intel and data science, and federal and civilian markets. Centauri is a Chantilly, Va.-based provider of space, directed energy, and other advanced technology solutions to the United States Intelligence Community and Department of Defense.
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