FTI Consulting, Inc. Announces Entry Into Incremental Amendment to Credit Agreement

Key Highlights

• FTI Consulting, Inc. (NYSE: FCN) has entered into an Incremental Amendment to its existing Credit Agreement, further strengthening its financial position.
• The amendment increases the Company’s term loan commitments by \$300 million, with several major financial institutions participating as lenders.
• There are no material changes to the existing terms and conditions of the Credit Agreement outside of the incremental increase.
• The transaction could impact the Company’s financial flexibility, leverage, and growth strategy, all of which may be of significant interest to shareholders.

Detailed Article

WASHINGTON, D.C., March 17, 2026 — FTI Consulting, Inc. (“FTI Consulting” or the “Company”) has announced that it has entered into an Incremental Amendment to its Second Amended and Restated Credit Agreement. This development, disclosed in the Company’s latest Form 8-K filing, is a significant move in the Company’s ongoing capital management strategy.

Structure of the Incremental Amendment

On March 17, 2026, FTI Consulting executed an Incremental Amendment with a syndicate of leading financial institutions, including Bank of America, N.A., JPMorgan Chase Bank, N.A., HSBC Bank USA, N.A., Truist Bank, TD Bank, N.A., PNC Bank, National Association, and The Bank of Nova Scotia.

• The amendment provides the Company with an additional \$300 million in term loan commitments.
• Each of the participating banks is committing substantial sums, with Bank of America, Truist Bank, HSBC, TD Bank, and JPMorgan each providing \$50 million, while PNC Bank and The Bank of Nova Scotia are providing \$30 million each.
• The amendment was executed by FTI Consulting and a number of its subsidiaries, acting as guarantors, and was coordinated with Bank of America, N.A. as administrative agent.

Terms and Conditions

Importantly, all other material terms and conditions of the underlying Credit Agreement remain unchanged. The Incremental Amendment includes customary representations and warranties, and references the original Credit Agreement dated November 21, 2022.

• No significant modifications were made to covenants, interest rates, or maturity dates outside the incremental increase.
• The amendment does not affect the Company’s obligations under existing off-balance sheet arrangements.
• The Company and its responsible officers have certified the accuracy of all representations and warranties as of the effective date of the amendment.

Shareholder Implications & Potential Market Impact

This amendment is potentially price-sensitive information for shareholders and investors:

• The additional \$300 million in term loan commitments provides FTI Consulting with enhanced liquidity and flexibility to pursue growth initiatives, acquisitions, or respond to market opportunities.
• While leverage will increase, the Company’s ability to negotiate favorable terms and attract commitments from major global banks signals strong lender confidence in FTI’s financial profile.
• There are no indications of distress or covenant breaches; rather, the Company is proactively managing its capital structure to support future strategy and shareholder value creation.
• Investors should monitor how the Company utilizes the new funding, as it may fuel expansion, share repurchases, or other activities that could impact earnings and the share price.

Subsidiaries and Guarantors

The Incremental Amendment was executed by FTI Consulting, Inc. and a series of its subsidiaries, including but not limited to:

• FTI, LLC
• Compass ExecON LLC
• FTI International LLC
• FD MWA Holdings Inc.
• FTI Consulting (SC) Inc.
• Sports Analytics LLC
• FTI Consulting (Government Affairs) LLC
• FTI Consulting Acuity LLC
• FTI Consulting Trade Advisory, LLC
• Greenlea Power Management LLC
• FTI Consulting Holdings, Inc.
• FTI Investigations, LLC
• FTI Consulting Global LLC
• FTI Consulting Group Holdings, Inc.

These subsidiaries act as guarantors, further strengthening the credit profile for lenders.

Conclusion

The execution of this Incremental Amendment and the increase in term loan commitments are important capital events for FTI Consulting, Inc. Shareholders should closely watch subsequent disclosures regarding the use of proceeds and any impact on the Company’s leverage, growth trajectory, and shareholder returns.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should review the official SEC filings and consult with their financial advisors before making any investment decisions. The information provided herein is based on public filings as of March 17, 2026, and may be subject to change.

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