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Fair Isaac Announces $1 Billion Senior Notes Offering
Fair Isaac (FICO) has announced a private offering of $1 billion in 6.250% senior unsecured notes due 2034. The company plans to use the proceeds to refinance existing debt, including repaying borrowings under its credit facility and redeeming $400 million of 5.25% senior notes due 2026. This move is expected to extend FICO’s debt maturity profile, enhance balance sheet flexibility, and retire higher-coupon legacy debt.