secwatch.observer — SEC 8-K summary
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Issuer:     FTI CONSULTING, INC (FCN)
CIK:        0000887936
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001193125-22-291069
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTI Consulting increases revolving credit line to $900M, extends maturity to 2027
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- Revolving credit facility raised from $550M to $900M.
- Maturity extended from Nov 2023 to Nov 21, 2027.
- LIBOR replaced with Term SOFR, Daily Simple SOFR, SONIA, and EURIBOR.
- Covenants amended for greater financial flexibility.
- Facility to support working capital, capex, and permitted acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887936/000119312522291069/0001193125-22-291069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887936/000119312522291069/d376744d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-291069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer