debt
confidence high
sentiment neutral
materiality 0.60
FICO prices $1.0B of 6.250% Senior Notes due 2034; to redeem $400M 5.25% notes due 2026
FAIR ISAAC CORP
- Priced $1.0B aggregate principal amount of 6.250% Senior Notes due 2034 at 100% of par.
- Net proceeds to repay revolving credit facility and redeem $400M of 5.250% Senior Notes due 2026.
- Closing expected March 20, 2026; redemption of 2018 notes conditional on successful issuance.
- General corporate purposes include potential stock repurchases.