FTI Consulting, Inc. Announces Issuance of Notice of Redemption for Any and
All of its 7 3/4% Senior Notes due 2016
WEST PALM BEACH, Fla., Nov. 28, 2012
WEST PALM BEACH, Fla., Nov. 28, 2012 /PRNewswire/ --FTI Consulting, Inc.
(NYSE: FCN) (the "Company"), the global business advisory firm dedicated to
helping organizations protect and enhance their enterprise value, today
announced that it has issued a notice of redemption for any and all of its 7
3/4% Senior Notes due 2016 (CUSIP No. 302941 AG4) (the "2016 Notes") that
remain outstanding after the consummation of the Company's previously
announced offer to purchase relating to the 2016 Notes set to expire at 9:00
a.m., New York City time, on December 11, 2012. The redemption date is
December 27, 2012, and the redemption price is 102.583% of the principal
amount plus accrued and unpaid interest. As of November 27, 2012,
approximately $86.7 million of 2016 Notes remain outstanding. The Company will
use the proceeds of its recently completed private offering of 6.0% Senior
Notes due 2022, plus cash on hand, 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 more than 3,800 employees
located in 24 countries, FTI Consulting professionals work closely with
clients to anticipate, illuminate and overcome complex business challenges in
areas such as investigations, litigation, mergers and acquisitions, regulatory
issues, reputation management, strategic communications and restructuring. The
Company generated $1.57 billion in revenues during fiscal year 2011. 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. 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.
Contact: Mollie Hawkes, Investor Relations & Communications Manager, F T I
Consulting, +1-617-747-1791 direct, firstname.lastname@example.org
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