FAIR ISAAC CORPORATION (NYSE:FICO) Files An 8-K Entry into a Material Definitive AgreementItem 1.01.
On November17, 2017, Fair Isaac Corporation (the “Company”) entered into a commitment increase agreement (the “Commitment Increase Agreement”) related to its Amended and Restated Credit Agreement dated December30, 2014 among the Company, the several banks and other financial institutions from time to time parties thereto, Wells Fargo Securities, LLC, as joint lead arranger and joint bookrunner, U.S. Bank National Association, as syndication agent, joint lead arranger and joint bookrunner, and Wells Fargo Bank, National Association, as administrative agent (as amended or supplemented prior to such date, the “Credit Agreement”). The Credit Agreement provides the Company with an unsecured revolving credit facility (the “Credit Facility”).
The Commitment Increase Agreement increases the revolving commitment by $100million, subject to certain terms and conditions. After giving effect to the Commitment Increase Agreement, the revolving commitment under the Credit Facility is $600million.
The lenders party to the Credit Agreement may have performed and may continue to perform commercial banking and financial services for the Company and its subsidiaries for which they have received and will continue to receive customary fees.
The Commitment Increase Agreement is attached hereto as Exhibit 10.1 and incorporated herein by reference.
| Item 1.01. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information set forth in Item 1.01 above is hereby incorporated by reference into this Item 1.01.
| Item 1.01. | Financial Statements and Exhibits. |
FAIR ISAAC CORP ExhibitEX-10.1 2 d472830dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 COMMITMENT INCREASE AGREEMENT TO THE AMENDED AND RESTATED CREDIT AGREEMENT This COMMITMENT INCREASE AGREEMENT TO THE CREDIT AGREEMENT (this “Agreement”),…To view the full exhibit click here
About FAIR ISAAC CORPORATION (NYSE:FICO)
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management. The Scores segment includes business-to-business scoring solutions and services, business-to-consumer scoring solutions and services, including myFICO solutions for consumers. The Decision Management Software segment consists of analytic and decision management software tools that clients can use to create their own custom decision management applications, its new FICO Decision Management Suite, as well as associated professional services.
