FICO raises $1B in new debt to refinance credit line and redeem 2026 notes

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Fair Isaac Corporation (FICO) has priced $1.0 billion in 6.250% Senior Notes due 2034 through a private offering. The company plans to use the net proceeds to repay indebtedness under its credit facility, redeem its outstanding 5.25% Senior Notes due 2026, and for general corporate purposes, including potential stock repurchases. The offering is expected to close on March 20, 2026.

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