AI English summary of an SEC filing — figures as filed
Fair Isaac FICOThe company said it closed the private offering of $1.5 billion aggregate principal amount of 6.000% Senior Notes due 2033 to eligible purchasers on May 13, 2025. The Notes are senior unsecured obligations, and they mature on May 15, 2033.
Key points
AI summaryThe company said it closed the private offering of $1.5 billion aggregate principal amount of 6.000% Senior Notes due 2033 to eligible purchasers on May 13, 2025. The Notes are senior unsecured obligations, and they mature on May 15, 2033.
The company said it entered into a Third Amended and Restated Credit Agreement on May 13, 2025 to refinance its existing unsecured revolving credit facility and unsecured term loans with a $1.0 billion unsecured revolving credit facility. The credit facility has a term of 5 years.
The company said it plans to use the net proceeds from the Notes offering to repay certain indebtedness that remains outstanding under its existing unsecured revolving credit facility and unsecured term loans, to pay related fees and expenses, and for general corporate purposes.
The company said the Notes bear interest at 6.000% per year from May 13, 2025, with interest payable semi-annually on May 15 and November 15, and the first interest payment date will be November 15, 2025. It said it may redeem some or all of the Notes at any time before May 15, 2028, plus a make-whole premium.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fair Isaac Closes $1.5 billion 6.000% Senior Notes Offering Due 2033
The company said it closed the private offering of $1.5 billion aggregate principal amount of 6.000% Senior Notes due 2033 to eligible purchasers on May 13, 2025. The Notes are senior unsecured obligations, and they mature on May 15, 2033.
Source · Based on the filing body and exhibits
Fair Isaac Enters $1.0 billion Unsecured Revolving Credit Facility
The company said it entered into a Third Amended and Restated Credit Agreement on May 13, 2025 to refinance its existing unsecured revolving credit facility and unsecured term loans with a $1.0 billion unsecured revolving credit facility. The credit facility has a term of 5 years.
Source · Based on the filing body and exhibits
Use of Notes Net Proceeds
The company said it plans to use the net proceeds from the Notes offering to repay certain indebtedness that remains outstanding under its existing unsecured revolving credit facility and unsecured term loans, to pay related fees and expenses, and for general corporate purposes.
Source · Based on the filing body and exhibits
Notes Interest Payment and Redemption Terms
The company said the Notes bear interest at 6.000% per year from May 13, 2025, with interest payable semi-annually on May 15 and November 15, and the first interest payment date will be November 15, 2025. It said it may redeem some or all of the Notes at any time before May 15, 2028, plus a make-whole premium.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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