KBR in $1 Billion Refinancing of Term Loan B Facility

Cleary Gottlieb represented KBR Inc. (KBR) in the refinancing of its existing term loan B facility with a new $1 billion senior secured term loan B credit facility.

Bank of America N.A. serves as administrative agent under the credit facility.

The transaction closed on January 19, 2024.

KBR is a U.S.-based company operating in fields of science, technology, and engineering. KBR works in various markets including aerospace, defense, industrial, and intelligence.