Booz Allen Hamilton BAH survives on governmental contracts, could this be that the US government is not renewing many contracts with BAH. Where are the Lawyers that negiotiated this deal? Asleep at the wheel? Or outsourcing consultation and technology of the American government to India?
Booz Allen Refinances $1.24B Debt
02-07-2011 | Source: emii.com
People & Companies in the News
Booz Allen Hamilton Holding
Booz Allen Ham
Bank of America Merrill Lynch
Credit Suisse
Booz Allen Hamilton Holding has refinanced debt worth $1.24 billion. The parent company of U.S. consulting firm, Booz Allen Hamilton, completed the refinancing of $1.02 billion of outstanding debt under its senior secured credit facilities and $222.1 million of outstanding debt under its mezzanine credit facility.
The new loan consists of a $500 million five year-term loan and a $500 million credit facility with a maturity of six and a half years. Bank of America Merrill Lynch led the refinancing process and Credit Suisse was the administrative agent.
Wow 1- day viewing for blog, (lots of interest in Booz Allen Hamilton 19 views and King of Foreclosure 28 views) as well as viewers from India regarding the outsourcing of legal work to India. Thanks for your comments, I will monitor as we have had some very angry lawyers and Dragon Ladies commenting on here spewing hate.
ReplyDeleteUnited States 124
Canada 6
India 5
United Kingdom 3
Denmark 2
Germany 1
Luxembourg 1
Someone got a little angry over this post? Too bad! maybe your company's calculations were off. Shame that some people cannot mind their own business.
ReplyDeleteMust have a boring life over there in the Potomac in all that snow. Too much time on their hands and wild obsessions with other people's lives.
Oh well, too bad, how very sad.