Parsons Secures New $1.2 Billion Financing Package

Parsons ( (PSN) ) has shared an update.

Parsons has refinanced its existing term loan and revolving credit facility, originally maturing in October 2025 and June 2026, respectively. On June 5, 2025, the company secured a $450 million unsecured term loan and a $750 million unsecured revolving credit facility. These financial moves are aimed at enhancing the company’s liquidity for general working capital, capital expenditures, and other corporate purposes. The refinancing replaces previous agreements and provides Parsons with flexible borrowing options, potentially impacting its financial stability and operational capacity positively.

The most recent analyst rating on (PSN) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on Parsons stock, see the PSN Stock Forecast page.

Spark’s Take on PSN Stock

According to Spark, TipRanks’ AI Analyst, PSN is a Outperform.

Parsons’ strong financial performance is the most significant factor driving the score, supported by a robust earnings call and solid technical indicators. The company’s valuation is reasonable, but ongoing uncertainties related to a confidential contract impact the outlook. Despite these challenges, Parsons remains well-positioned in its industry with a trajectory of stable growth and profitability.

To see Spark’s full report on PSN stock, click here.

More about Parsons

Average Trading Volume: 1,509,585

Technical Sentiment Signal: Sell

Current Market Cap: $7.24B

Learn more about PSN stock on TipRanks’ Stock Analysis page.