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FICO Announces Proposed Offering of $1.5 Billion in Senior Notes

1. FICO plans to offer $1.5 billion in Senior Notes due 2033. 2. Proceeds will be used to repay existing debt.

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FAQ

Why Bullish?

Offering senior notes indicates confidence in cash flow. Similar past issuances have bolstered FICO's financial stability.

How important is it?

Debt offering reflects strong cash management strategy, positively affecting investor sentiment.

Why Short Term?

Immediate debt repayment can enhance financial ratios, affecting short-term stock performance.

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BOZEMAN, Mont.--(BUSINESS WIRE)--Fair Isaac Corporation (NYSE: FICO) announced today that it intends to offer, subject to market and certain other conditions, $1.5 billion in aggregate principal amount of Senior Notes due 2033 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be senior unsecured obligations of FICO. FICO intends to use the net proceeds from the offering of the Notes to repay c.

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