Fair Isaac buys back $23.3 million of convertibles

By Laura Lutz

Des Moines, May 8 - Fair Isaac Corp. repurchased $23.3 million of senior convertible notes during the quarter ended March 31, according to a 10-Q filed with the Securities and Exchange Commission.

The notes were bought in the open market with cash from operations and borrowings under the company's revolving credit facility.

Minneapolis-based Fair Isaac provides analytic, software and data management products and services.

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