secwatch.observer — SEC 8-K summary
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Issuer:     FAIR ISAAC CORP (FICO)
CIK:        0000814547
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0001193125-21-361078
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fair Isaac issues $550M of 4.000% Senior Notes due 2028; proceeds to repay revolver
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- Closed private offering of $550M additional 4.000% Senior Notes due June 15, 2028.
- Net proceeds used to repay outstanding unsecured revolving credit facility and related fees.
- Notes are senior unsecured; no subsidiary guarantees initially, but future domestic subsidiaries will guarantee.
- Interest paid semi-annually on June 15 and December 15, first payment June 15, 2022.
- Covenants limit liens, subsidiary debt, sale/leaseback, mergers; change of control put at 101%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814547/000119312521361078/0001193125-21-361078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814547/000119312521361078/d273800d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-361078

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