FTI Consulting, Inc. Announces Notice of Redemption for Any and All of its 7 5/8% Senior Notes due 2013
WEST PALM BEACH, Fla., Oct 01, 2010 /PRNewswire via COMTEX/ --
FTI Consulting, Inc. (NYSE: FCN) (the "Company") announced today that it has issued a notice of redemption for any and all of its 7 5/8% Senior Notes due 2013 (the "Notes") that remain outstanding after the consummation of the Company's previously announced offer to purchase and consent solicitation relating to the Notes set to expire at 11:59 p.m., New York City time, on October 12, 2010. The redemption date is November 1, 2010, and the redemption price is 101.906% of the principal amount plus accrued and unpaid interest. The Company will use the proceeds of its previously completed private offering of 6 3/4% Senior Notes due 2020 to fund the redemption.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With approximately 3,500 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of federal securities law. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control. Such risks and uncertainties include, but are not limited to, the effect of general economic conditions and other factors listed in the Company's filings with the Securities and Exchange Commission.
SOURCE FTI Consulting, Inc.