AECOM Announces $1.0 Billion Senior Notes Offering

By Tamara Parker • Tuesday, July 15 10:23 • Permanent Link

AECOM (NYSE: ACM) has announced a private offering of $1.0 billion in senior unsecured notes due 2033. The company intends to use the net proceeds, along with cash on hand, to purchase its outstanding 5.125% senior notes due 2027 through a concurrent cash tender offer, and to redeem any 2027 notes not purchased in the tender offer. This move is part of AECOM's strategy to manage its outstanding debt.

AECOM's revenue in fiscal year 2024 was $16.1 billion, reflecting its position as a global infrastructure leader. The company is known for delivering innovative, sustainable, and resilient solutions in water, environment, energy, transportation, and buildings. The senior notes being offered will be guaranteed by certain subsidiaries of AECOM and are being issued to qualified institutional buyers and non-U.S. persons in offshore transactions.

This press release contains only forward-looking statements, and the senior notes and related guarantees are not being registered under the Securities Act or the securities laws of any other jurisdiction.

The offering of the senior notes represents a strategic financial move for AECOM as it seeks to manage its outstanding debt and optimize its financial position. Today the company's shares have moved 0.1% to a price of $114.55. If you want to know more, read the company's complete 8-K report here.

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