FTI Consulting entered into a Third Amended and Restated Credit Agreement, expanding its unsecured revolving credit facility to $1.5 billion and extending the maturity to June 30, 2031. Borrowings will bear interest at SOFR- or base rate-based pricing with margins tied to the company’s credit ratings. The agreement allows incremental facilities subject to leverage conditions, while the company’s existing $300 million term loan maturing in 2029 remains outstanding. Management expects the facility to enhance liquidity and financial flexibility for growth and general corporate needs.
Agreement details:
- Agreement type: Unsecured revolving credit facility (amended and restated)
- Counterparty: Bank of America (administrative agent) and other lenders
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: 5 years (to Jun 30 2031)
- Reason: Enhance liquidity and financial flexibility
Original SEC Filing:
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