debt
confidence high
sentiment neutral
materiality 0.65
FICO prices $550M add'l 4.000% Senior Notes due 2028; proceeds to repay revolver
FAIR ISAAC CORP
- Priced $550M aggregate principal of 4.000% Senior Notes due 2028 at 99.750% of par.
- Additional notes are same series as existing $350M notes, fungible for trading.
- Net proceeds to repay outstanding revolving credit facility borrowings and fees.
- Expected close on December 17, 2021, subject to customary conditions.