AECOM (NYSE:ACM) has priced its offering of $1.2 billion in aggregate principal amount of its senior unsecured notes due 2033.
The senior notes will pay interest semiannually in arrears at 6.0% and will mature on August 1, 2033, unless earlier redeemed in accordance with their terms.
AECOM plans to use the net proceeds from the sale, together with cash on hand, to purchase its outstanding 5.125% Senior Notes due 2027 pursuant to its concurrent cash tender offer for any and all of the outstanding 2027 Notes, and redeem any 2027 Notes not purchased in the tender offer.
The company expects to close the sale on or about July 22, 2025, subject to the satisfaction of customary closing conditions.
