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Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:03 EDTICFIICF International announces amendment and extension of credit facility
ICF International has signed and closed a new amendment and extension of its credit facility, which continues to allow for borrowings of up to $500M. The new amendment reflects the company’s strong capital position and financial flexibility, providing an ongoing ability to drive growth organically and through strategic acquisitions inside and outside of the United States. The new amendment amends the senior secured credit agreement signed in March 2012. The term of the new credit agreement will expire on May 16, 2019, and continues to permit revolver borrowings of up to $400M along with an accordion feature that would allow the facility to expand by an additional $100M. The new amendment will allow ICF to borrow in certain foreign currencies and to enter into local financial arrangements for its foreign subsidiaries. The agreement also provides ICF with more flexibility for other financial obligations and allows the company to expand its stock repurchase program.
News For ICFI From The Last 14 Days
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July 23, 2015
16:22 EDTICFIICF International wins $100M in Head Start contracts
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July 22, 2015
07:10 EDTICFIICF International awarded $7M blanket purchase agreement by EPA
ICF International was recently awarded a re-compete, single-award blanket purchase agreement by the U.S. Environmental Protection Agency, Office of Air and Radiation, Climate Protection Partnerships Division. The contract has a term of five years, including one base year and four option years, and a value of $7.6M. ICF will continue to provide analytical and customer services to five CPPD programs: ENERGY STAR, State and Local Climate and Energy Program, State Utility Regulation and Clean Energy, Combined Heat and Power Partnership, and Green Power Partnership. The firm will also support the agency’s annual ENERGY STAR Products Partner meeting, which brings together utilities, retailers and manufacturers in one forum to help advance energy efficiency and increase its uptake across the nation.

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