First Data Announces Pricing of $900 Million of 5.000% Senior Secured Notes due 2024
NEW YORK--(BUSINESS WIRE)--Mar. 9, 2016--
First Data Corporation (“First Data”) (NYSE: FDC) today announced that
it has priced an offering of $900 million aggregate principal amount of
senior secured first lien notes due 2024 (the “Notes”). The Notes will
be issued under the indenture governing the $1.0 billion aggregate
principal amount of 5.000% Senior Secured Notes due 2024 that were
issued on November 25, 2015 (the “Existing Notes”). The Notes will form
a single series with the Existing Notes. The offering is expected to
close on March 29, 2016, subject to customary closing conditions.
First Data intends to use the pr...