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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 companyís 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 8, 2014
07:04 EDTICFIICF International wins re-complete agreement with $18M value
ICF International has won a re-compete agreement, as part of a consortium led by the Carolina Population Center at the University of North Carolina, to support the U.S. Agency for International Development MEASURE Evaluation Phase IV program. The agreement has a value to ICF of $18M and a term of 5 years. Through this program, USAIDís goal is to strengthen health information systems in developing countries in order to generate health information that is used for decision making at the local, national and global levels. ICF will work in the areas of strengthening national capacity to manage health information systems, strengthening local capacity to monitor and evaluate malaria and other health programs, and incorporating information and communication technology in these efforts. ICF also will provide leadership of the projectís Community Health and Civil Society Engagement Team, and coordinate the programís ehealth efforts. This agreement has a value of $8.2M over five years.
October 7, 2014
07:02 EDTICFIICF International wins $100M BPA from NIH
ICF International has been awarded a single-award blanket purchase agreement from the National Institutes of Health to support biomedical and clinical information services. The BPA, a re-compete contract, has a ceiling of $100M and a term of five years. Under this agreement, ICF will continue to provide support for biomedical, health, and disaster information management services, such as data collection and analysis, information dissemination, and outreach initiatives for multiple NIH Institutes and Centers, including the National Library of Medicine, the National Cancer Institute, the National Heart Lung and Blood Institute, the National Center for Advancing Translational Sciences, and other NIH partner agencies within the U.S. Department of Health and Human Services. In addition, the company will support key programs related to HIV/AIDS, genetics, cancer, rare diseases, clinical trials, and other federal health initiatives.
October 6, 2014
07:01 EDTICFIICF International wins new $100M blanket purchase agreement
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