NYSE:FCNProfessional Services
How Investors Are Reacting To FTI Consulting (FCN) Expanding And Extending Its Credit Facility
In recent days, FTI Consulting, Inc. entered into a third amendment and restatement of its senior unsecured credit facility, increasing its revolving line of credit from US$900,000,000 to US$1.50 billions, extending the maturity to June 30, 2031, and securing more flexible, ratings-based pricing and covenant terms.
This expanded and extended facility meaningfully broadens FTI Consulting’s financing toolkit, potentially supporting larger working capital needs, investment projects and...