The amended facility provides additional financing capacity,
improvements to the pricing grid, and greater covenant flexibility that
will enhance ICF’s ability to do acquisitions, share repurchases and
other strategic investments. The five-year senior secured credit
agreement permits revolver borrowings up to
“This amended credit facility provides us additional capacity and
flexibility to take advantage of acquisition opportunities to complement
the organic growth of our business and help further shareholder returns
while lowering our borrowing costs,” said
About ICF
ICF (NASDAQ:ICFI) is a global consulting and technology services provider with more than 5,000 professionals focused on making big things possible for our clients. We are business analysts, policy specialists, technologists, researchers, digital strategists, social scientists and creatives. Since 1969, government and commercial clients have worked with ICF to overcome their toughest challenges on issues that matter profoundly to their success. Come engage with us at icf.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and
unknown risks and uncertainties are "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of 1995. Such
statements may concern our current expectations about our future
results, plans, operations and prospects and involve certain risks,
including those related to the government contracting industry
generally; our particular business, including our dependence on
contracts with U.S. federal government agencies; and our ability to
acquire and successfully integrate businesses. These and other factors
that could cause our actual results to differ from those indicated in
forward-looking statements are included in the "Risk Factors" section of
our securities filings with the
View source version on businesswire.com: http://www.businesswire.com/news/home/20170518006170/en/
Source: ICF
ICF
Erica Eriksdotter, +1-703-934-3668
erica.eriksdotter@icf.com