---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-260817"
form_type: "8-K"
ticker: "FICO"
cik: "0000814547"
company_name: "FAIR ISAAC CORP"
filed_at: "2026-06-08T13:19:41+00:00"
generated_at: "2026-06-08T13:21:18.615825+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FICO borrows $1.5B, authorizes $2B buyback, launches $1.5B ASR

## Summary
- New $2.0B stock buyback authorization replaces remaining availability under prior $1.5B program.
- Borrowed full $1.5B incremental term loan on June 5, 2026; matures May 15, 2028 with quarterly payments.
- Entered ASR with Wells Fargo Securities for $1.5B; expects initial delivery of ~1,055,100 shares.
- ASR expected to complete by September 30, 2026; $500M remains under authorization after ASR.

## SEC filing metadata
- accession: 0001193125-26-260817
- form_type: 8-K
- ticker: FICO
- cik: 0000814547
- company_name: FAIR ISAAC CORP
- filed_at: 2026-06-08T13:19:41+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814547/000119312526260817/0001193125-26-260817-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814547/000119312526260817/d140061d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-260817
- JSON: https://secwatch.observer/filing/0001193125-26-260817.json
- Plain text: https://secwatch.observer/filing/0001193125-26-260817.txt

## Key facts
- Debt Financings
  FAIR ISAAC CORP incurred term loan of $1.5 billion with Wells Fargo Bank, National Association at Daily Simple SOFR plus an applicable margin maturing May 15, 2028.
  - Instrument: term loan
  - Principal: $1.5 billion
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: Daily Simple SOFR plus an applicable margin
  - Maturity: May 15, 2028
  - Event: incurrence
  source text: Agreement”). The First Amendment provides for an unsecured incremental term loan under the Credit Agreement that will mature on May 15, 2028 in the aggregate principal amount of $1.5 billion (the “Incremental Term Loan”) and makes certain other changes to the Existing Credit Agreement. The Company borrowed the full amount of the Incremental Term Loan on June 5, 2026,
  evidence_url: https://www.sec.gov/Archives/edgar/data/814547/000119312526260817/0001193125-26-260817-index.htm
- Material Agreements
  FAIR ISAAC CORP amended First Amendment with Wells Fargo Bank, National Association valued at $1.5 billion (effective 2026-06-05).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association
  - Value: $1.5 billion
  - Effective: 2026-06-05
  source text: On June 5, 2026, Fair Isaac Corporation (the “Company”) entered into an amendment (the “First Amendment”) to its Third Amended and Restated Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/814547/000119312526260817/0001193125-26-260817-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.