FTI Consulting, Inc. Prices Offering of $400 Million Senior Notes

FTI Consulting, Inc. FCN announced today that it has priced its private offering of $400 million aggregate principal amount of 6 3/4% senior notes due 2020. The Company increased the size of the offering from the previously announced $350 million to $400 million. The Notes will be issued at a price of 100% of their principal amount. The Notes will be guaranteed by certain of the Company's existing and future domestic restricted subsidiaries. The offering is expected to close on September 27, 2010. The Company intends to use the net proceeds from the offering of the Notes to finance its previously announced cash tender offer to repurchase any and all of its outstanding 7 5/8% Senior Notes due 2013, to redeem any and all of the 2013 Notes that remain outstanding following the consummation of the tender offer and for general corporate purposes, which could include working capital, share repurchases, capital expenditures, acquisitions, refinancing of other debt or other capital transactions. Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free.