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FTI Consulting Announces Extension of Maturity of Senior Secured Revolving Credit Facility

December 03, 2018, 08:00 AM
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Topic: Consulting Services

FTI Consulting, Inc. announced that it has entered into an amendment and restatement of its $550.0 million senior secured revolving credit facility. The Amended and Restated Credit Facility extends the maturity date from June 26, 2020 to November 30, 2023 and amends certain financial, investment, restricted payment and debt covenants to provide the Company with more financial flexibility. 

BofA Merrill Lynch, JP Morgan Chase Bank, N.A. and HSBC Securities (USA) Inc. acted as joint lead arrangers. Borrowings under the Amended and Restated Credit Facility may be used to finance working capital and for capital expenditures, other general corporate purposes, permitted acquisitions and other investments.

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional.  

  


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