FTI Consulting amended its credit agreement to increase its unsecured revolving credit facility to $1.5 billion and extend the maturity to 2031, while keeping its existing $300 million term loan. Interest rates are tied to SOFR or a base rate, plus a margin that varies with the company's credit rating. The agreement also allows for additional debt under certain conditions, subject to a maximum leverage ratio of 4.00x. The facility is guaranteed by certain domestic subsidiaries and includes customary covenants.
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