FICO draws $1.5 billion term loan under amended credit agreement

فيكو

Fair Isaac Corporation

FICO

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  • FICO amended its credit agreement to add an incremental term loan of USD 1.5 billion, fully drawn on June 5, 2026.
  • Proceeds will fund a USD 1.5 billion accelerated share repurchase program under an agreement with Wells Fargo Securities.
  • Upfront payment to Wells Fargo set for June 8, 2026; initial delivery expected at about 1,055,100 shares.
  • Final share count will be based on the stock’s volume-weighted average price during the ASR term, less a discount.
  • ASR expected to complete by fiscal year-end on Sept. 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fair Isaac Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202606080915BIZWIRE_USPR_____20260608_BW352343) on June 08, 2026, and is solely responsible for the information contained therein.