ICF amends credit facility: term loan raised to $450M, maturity extended to 2031

ICF International, Inc.

Term loan facility increased from $300M to $450M; $600M revolver and $400M delayed draw term loan maintained.
Maturity extended to April 10, 2031 from prior May 6, 2027 date.
New maximum Consolidated Net Leverage Ratio covenant set at 4.50:1 (5.00:1 after material acquisitions).
Incremental facility raised to greater of $300M or 100% of Consolidated EBITDA plus voluntary prepayments.
Pricing grid tied to leverage; Level II margin applies initially (1.25% on Term SOFR loans).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ICF International, Inc. amended Amended and Restated Credit Agreement with PNC Bank, National Association as administrative agent, BOFA Securities, Inc., and Wells Fargo Securities, LLC as the joint lead arrangers valued at $600.0 million revolving credit facility (effective 2026-04-10).

Action: amendment
Agreement: credit facility
Counterparty: PNC Bank, National Association as administrative agent, BOFA Securities, Inc., and Wells Fargo Securities, LLC as the joint lead arrangers
Value: $600.0 million revolving credit facility
Effective: 2026-04-10

Exact text from the filing

On April 10, 2026, ICF International, Inc. (the “Company” or “ICF”) and its direct, wholly owned subsidiary, ICF Consulting Group, Inc. (jointly, the “Borrowers”), entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) with PNC Bank, National Association as administrative agent, BOFA Securities, Inc., and Wells Fargo Securities, LLC as the joint lead arrangers, certain other financial institutions as lenders, and certain guarantors party thereto.

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ICF International, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-012565

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