CACI International Unit Enters Amendment No. 7 to Master Accounts Receivable Purchase Agreement

CACI International’s subsidiary entered Amendment No. 7 to its Master Accounts Receivable Purchase Agreement on December 19, 2025, primarily to extend the term of its receivables financing program by one year and tweak commercial terms.​

What the amendment does

• The amendment extends the “Scheduled Termination Date” of the Master Accounts Receivable Purchase Agreement from December 19, 2025 to December 18, 2026, effectively keeping the receivables sale facility in place for an additional year.​

• It also adjusts certain commercial provisions of the agreement, though the specific pricing or structural changes are not detailed in the public summary of the filing.​

Parties and structure

• The agreement is between CACI International Inc as seller representative, CACI, Inc. – Federal and certain other subsidiaries as sellers, and MUFG Bank, Ltd. as administrative agent with certain third‑party purchasers buying the receivables.​

• The underlying Master Accounts Receivable Purchase Agreement was originally dated December 28, 2018, and is used to sell eligible U.S. government receivables (both billed and some unbilled) to improve liquidity and working capital.​

Practical implications

• Extending the termination date to late 2026 preserves CACI’s existing off‑balance sheet receivables purchase structure, supporting ongoing liquidity and balance sheet flexibility while it continues to grow its federal services business.​

• The description in the Form 8‑K is also incorporated by reference into Item 2.03, highlighting that the amended arrangement is considered a material off‑balance sheet obligation for disclosure purposes.​

The specific commercial term changes in Amendment No. 7 have not been publicly detailed; the company’s disclosure only states that “certain commercial provisions” were modified, without describing them.​

What is disclosed

• Public summaries of the Form 8‑K and related news reports state that Amendment No. 7 extends the scheduled termination date to December 18, 2026 and “modifies certain commercial provisions” of the Master Accounts Receivable Purchase Agreement with MUFG Bank and the purchasers.​

• None of these summaries break out the granular changes (for example, pricing spreads, fees, concentration limits, eligibility criteria, advance rates, or other structural adjustments), and they instead refer readers to the full text of Amendment No. 7 filed as Exhibit 10.1 to the 8‑K.​

What is not known publicly

• Without access to the actual Exhibit 10.1 text, the precise commercial adjustments (such as revised discount rates, facility size, or fee schedules) cannot be identified from the available public descriptions.​

• The filing indicates only that the amendment changes business terms while leaving the overall receivables purchase structure and counterparties intact, so any more detailed characterization would be speculative.​