secwatch.observer — SEC 8-K summary
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Issuer:     FAIR ISAAC CORP (FICO)
CIK:        0000814547
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001193125-25-115570
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FICO announces $1.5B senior notes offering and plans $1.0B new revolver
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- Plans to offer $1.5B senior unsecured notes due 2033 in private placement.
- Net proceeds to repay existing credit facility and term loans, pay fees, and general corporate purposes.
- Also proposes new $1.0B unsecured revolving credit facility maturing in 2030.
- New revolver to replace existing credit agreement; no minimum interest coverage ratio.
- Notes offering not contingent on new revolver; both subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814547/000119312525115570/0001193125-25-115570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814547/000119312525115570/d925424d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-115570

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