First Data Announces Pricing of Secondary Offering of 64,000,000 Shares of Class A Common Stock
August 13 2018 - 8:45PM
Business Wire
First Data Corporation (the “Company”) (NYSE: FDC) today
announced the pricing of the previously announced underwritten
secondary offering by New Omaha Holdings L.P. (the “Selling
Stockholder”) of 64,000,000 shares of Class A common stock of the
Company pursuant to the Company’s registration statement filed with
the Securities and Exchange Commission (the “Commission”), at the
public offering price of $23.75 per share. The offering is expected
to close on August 16, 2018, subject to customary closing
conditions. In addition, the Selling Stockholder has granted the
underwriters a 30-day option to purchase up to 9,600,000 additional
shares of Class A common stock. The Selling Stockholder will
receive all of the proceeds from this offering. No shares are being
sold by the Company.
Citigroup, BofA Merrill Lynch, PNC Capital Markets LLC, Wells
Fargo Securities, Deutsche Bank Securities and KKR Capital Markets
are acting as joint bookrunning managers for the offering. Credit
Suisse, Goldman Sachs & Co. LLC, Mizuho Securities, Morgan
Stanley, SunTrust Robinson Humphrey, Barclays, BMO Capital Markets,
HSBC, Keefe Bruyette & Woods and KeyBanc Capital Markets are
acting as bookrunners for the offering. Allen & Company LLC,
BB&T Capital Markets, BBVA, Citizens Capital Markets,
Craig-Hallum Capital Group, Huntington Capital Markets, Santander,
TD Securities and Wolfe Capital Markets and Advisory are acting as
co-managers for the offering.
The offering will be made only by means of a prospectus. Copies
of the prospectus related to the offering may be obtained from
Citigroup, Attention: Prospectus Department, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717,
or by telephone at (800) 831-9146; BofA Merrill Lynch, 200 North
College Street, 3rd floor, Charlotte, NC 28255-0001, Attention:
Prospectus Department or email dg.prospectus_requests@baml.com; PNC
Capital Markets LLC, 300 Fifth Ave., Floor 10, Pittsburgh, PA
15222, Attention: Kathleen Riley, by telephone at (855) 881-0697,
or by email at Kathleen.Riley@pnc.com; Wells Fargo Securities,
Attention: Equity Syndicate Department, 375 Park Avenue, New York,
New York, 10152, by telephone at (800) 326-5897, or by email at
cmclientsupport@wellsfargo.com; Deutsche Bank Securities,
Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, by
telephone at (800) 503-4611, or by email at prospectus.CPDG@db.com;
or KKR Capital Markets, 9 West 57th Street, New York, NY 10019, or
by telephone at (212) 750-8300.
The registration statement relating to these securities has been
filed with the Commission and has become effective. 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 sale of
these securities in any state or 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
jurisdiction.
Forward-Looking Statements
This press release includes certain disclosures which contain
“forward-looking statements.” You can identify forward-looking
statements because they contain words such as “believes” and
“expects.” Forward-looking statements are based on First Data’s
current expectations and assumptions. Because forward-looking
statements relate to the future, they are subject to inherent
uncertainties, risks and changes in circumstances that may differ
materially from those contemplated by the forward-looking
statements, which are neither statements of historical fact nor
guarantees or assurances of future performance. Important factors
that could cause actual results to differ materially from those in
the forward-looking statements are set forth in our filings with
the U.S. Securities and Exchange Commission, including our Annual
Report on Form 10-K for the year ended December 31, 2017, under the
caption “Risk Factors.”
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version on businesswire.com: https://www.businesswire.com/news/home/20180813005704/en/
Peter PoillonInvestor RelationsFirst
Data212-266-3565Peter.Poillon@firstdata.comorAndrea DuffyPublic
RelationsFirst Data646-984-0240Andrea.Duffy@firstdata.com
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