FTI Consulting, Inc. Prices Offering of $300.0 Million Senior Notes Due 2022

 FTI Consulting, Inc. Prices Offering of $300.0 Million Senior Notes Due 2022

PR Newswire

WEST PALM BEACH, Fla., Nov. 9, 2012

WEST PALM BEACH, Fla., Nov. 9, 2012 /PRNewswire/ --FTI Consulting, Inc.
(NYSE: FCN) (the "Company") today announced that it has priced its private
offering of $300.0 million aggregate principal amount of 6.0% senior notes due
2022 (the "Notes"). 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 November 27, 2012.

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 $215.0 million aggregated principal amount of 7¾% Senior
Notes due 2016 (the "2016 Notes"), to redeem any and all of the 2016 Notes
that remain outstanding following the consummation of the tender offer, to
repay outstanding borrowings under its existing senior secured bank credit
facility and for general corporate purposes, which could include working
capital, share repurchases, capital expenditures, acquisitions, refinancing of
other debt or other capital transactions.

The Notes and related guarantees were offered only to qualified institutional
buyers in reliance on the exemption from registration set forth in Rule 144A
under the Securities Act of 1933, as amended (the "Securities Act"), and
outside the United States to non-U.S. persons in reliance on the exemption
from registration set forth in Regulation S under the Securities Act. The
Notes and the related guarantees have not been registered under the Securities
Act, or the securities laws of any state or other jurisdiction, and may not be
offered or sold in the United States without registration or an applicable
exemption from the Securities Act, applicable state securities or blue sky
laws and foreign securities laws. 

This press release shall not constitute an offer to sell, or the solicitation
of an offer to buy, any securities, nor shall there be any sales of securities
mentioned in this press release in any state or foreign jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or foreign
jurisdiction.

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. We are under no
duty to update any of the forward looking statements to conform such
statements to actual results or events and do not intend to do so.

SOURCE FTI Consulting, Inc.

Website: http://www.fticonsulting.com
Contact: Mollie Hawkes, mollie.hawkes@fticonsulting.com, +1-617-747-1791
 
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