FTI Consulting Announces Increase and Extension of Revolving Credit Facility
FTI Consulting amended its credit facility to increase the revolving line from $900 million to $1.5 billion and extend the maturity to June 2031. The new agreement offers improved pricing following the company's upgrade to investment grade status and relaxes certain covenants for greater flexibility.
Key figures
- Revenue
- $3.8 billion
- Maturity extension
- to June 30, 2031
- Revolver new limit
- $1.5 billion
- Revolver old limit
- $900.0 million
AI analysis
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