secwatch.observer — SEC 8-K summary
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Issuer:     FAIR ISAAC CORP (FICO)
CIK:        0000814547
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0001193125-24-161586
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FICO adds $450M unsecured term loan due 2026 under credit agreement amendment
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- Third Amendment to Credit Agreement adds $450M Incremental Term A-1 Loan maturing August 19, 2026.
- Loan is unsecured; no scheduled principal repayments prior to maturity; prepayable without premium.
- Proceeds to repay revolving loans, pay fees, and finance working capital and general corporate purposes.
- Lenders include Wells Fargo ($100M), Bank of America ($150M), U.S. Bank ($70M), HSBC ($65M), TD Bank ($65M).
- Interest based on SOFR or base rate plus applicable margin (100-175 bps for SOFR).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814547/000119312524161586/0001193125-24-161586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814547/000119312524161586/d853494d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-161586

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