Fair Isaac Corporation, the leading provider of analytics and decision management technology, today announced the closure on a $300 million revolving credit facility with a syndicate of six financial institutions. The revolving credit facility will have a maturity of five years and may be increased to $500 million subject to certain terms and conditions. Fair Isaac plans on using the proceeds of the revolving credit facility for working capital and general corporate purposes and the proceeds may also be used for refinancing of existing debt, acquisitions, and repurchase of common stock.
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