CINCINNATI, July 16, 2018 /PRNewswire/ -- Worldpay Inc.
(NYSE: WP; LSE: WPY) announces that Worldpay Finance plc (the
"Company"), has received consents from holders of approximately
74.75% of its €500 million 3.75% Senior Notes due 2022 (the
"Notes") (Reg S ISIN: XS1319701451, Rule 144A ISIN: XS1319700990),
and guaranteed by Worldpay Group Limited (formerly Worldpay Group
plc), following expiration of the consent solicitation (the
"Solicitation") launched on 29 June
2018, pursuant to the consent solicitation statement of such
date (the "Consent Solicitation Statement"). The consents were
sought to approve the proposed amendments to the indenture
governing the Notes (the "Indenture") to allow the Company to
satisfy its ongoing reporting obligations under the Indenture by
providing certain reports of Vantiv, LLC (in such capacity, the
"Ultimate Parent Guarantor"), which is an indirect parent holding
company of Worldpay Group Limited or any Parent Holdco (as defined
in the Indenture) company of the Ultimate Parent Guarantor, as long
as the Ultimate Parent Guarantor provides a guarantee of the Notes
on the terms set forth in the Consent Solicitation Statement. The
amendments also permit reports and calculations under the Indenture
to be made based on GAAP or IFRS and make other related or
consequential changes to the Indenture, as further described in the
Consent Solicitation Statement. The amendments further provide for
a guarantee of the Notes by the Ultimate Parent Guarantor and make
certain other consequential or related changes reflecting such
guarantee.
In connection with the Solicitation and the foregoing
amendments, the Company has executed a supplemental indenture to
the Indenture.
Full details of the terms and conditions of the Solicitation are
set out in the Consent Solicitation Statement, which holders of the
Notes can obtain from Lucid Issuer Services Limited ("Lucid"), the
Tabulation Agent and Information Agent for the solicitation.
Requests for copies of the Consent Solicitation Statement should be
directed to Lucid: +44 20 7704 0880; worldpay@lucid-is.com.
Morgan Stanley & Co. LLC has acted as the Solicitation Agent
in connection with the Solicitation. Questions from holders
of Notes should be directed to Morgan Stanley: +44 207 677 5040;
liabilitymanagementeurope@morganstanley.com.
Under no circumstances shall the solicitation constitute an
offer to sell or issue or the solicitation of an offer to buy or
subscribe for any Notes in any jurisdiction.
Cautionary Statement
This communication is for information purposes only and does not
constitute a prospectus or any offer to sell or the solicitation of
an offer to buy any security in the
United States of America or in any other jurisdiction.
Securities may not be offered or sold in the United States of America absent
registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended.
Forward-Looking Statements
This communication may include "forward-looking statements".
Forward-looking statements provide the Group's current
expectations, intentions or forecasts of future events.
Forward-looking statements include statements about expectations,
beliefs, plans, objectives, intentions, assumptions and other
statements that are not statements of historical fact. Words or
phrases such as "anticipate", "believe", "continue", "ongoing",
"estimate", "expect", "intend", "may", "plan", "potential",
"predict", "project", "target", "seek" or similar words or phrases,
or the negatives of those words or phrases, may identify
forward-looking statements, but the absence of these words does not
necessarily mean that a statement is not forward-looking.
Forward-looking statements are subject to known and unknown risks
and uncertainties and are based on potentially inaccurate
assumptions that could cause future results to differ materially
from those expected or implied by the forward-looking
statements.
In addition, even if future results are consistent with the
forward-looking statements contained in this communication, those
results may not be indicative of results in subsequent periods.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014).
For more information,
please contact:
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Worldpay,
Inc.
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Email
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Telephone
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Nathan Rozof, CFA,
Investor Relations
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IR@worldpay.com
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(866)
254-4811
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Ignatius Njoku,
Investor Relations
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(513)
900-4811
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Andrew Ciafardini,
Corporate Communications & External Affairs
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Andrew.Ciafardini@worldpay.com
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(513)
900-5308
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© 2018 Worldpay, Inc. All Rights Reserved. All
trademarks, service marks and trade names referenced herein are the
property of their respective owners. Worldpay and other Worldpay
products and services mentioned herein as well as their respective
logos are registered trademarks or trademarks of Worldpay, Inc. in
the U.S. and other countries.
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SOURCE Worldpay, Inc.