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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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October 27, 2014
07:06 EDTICFIICF International awarded three new contracts with combined capacity of $61M
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October 22, 2014
08:01 EDTICFIICF International acquisition positive, says Stifel
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October 21, 2014
16:12 EDTICFIICF International signs definite agreement to acquire Olson
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