ACI Worldwide Announces Pricing of Senior Notes
NAPLES, Fla. -- August 15, 2013
ACI Worldwide, Inc. (NASDAQ:ACIW) today announced that it priced the
previously announced offering of 6.375% senior notes due 2020 (the “Notes”).
The aggregate principal amount of the Notes is $300 million. The offering will
be made to “qualified institutional buyers” as defined in Rule 144A under the
Securities Act of 1933, as amended (the “Securities Act”), and in offshore
transactions pursuant to Regulation S under the Securities Act.
The issuance of the Notes is anticipated to close on August 20, 2013, subject
to customary closing conditions. The Notes will pay interest on a semi-annual
ACI intends to use the net proceeds of the offering to repay the outstanding
amount under the revolving portion of its senior secured credit facility, for
general corporate purposes and to pay related fees and expenses.
The notes have not been registered under the Securities Act and may not be
offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act and other
applicable securities laws.
This press release is not an offer to sell or the solicitation of an offer to
buy the notes, nor shall there be any offer, solicitation or sale of the notes
in any jurisdiction in which such offer, solicitation or sale would be
unlawful. This notice is being issued in accordance with Rule 135c under the
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 2,600
financial institutions, retailers and processors around the world. ACI
software enables $13 trillion in payments each day, processing transactions
for more than 250 of the leading retailers globally and 18 of the world’s 20
largest banks. Through our integrated suite of software products and hosted
services, we deliver a broad range of solutions for payments processing; card
and merchant management; online banking; mobile, branch and voice banking;
fraud detection; trade finance; and electronic bill presentment and payment.
To learn more about ACI, please visit www.aciworldwide.com. You can also find
us on Twitter @ACI_Worldwide.
This press release contains forward-looking statements based on current
expectations that involve a number of risks and uncertainties. Generally,
forward-looking statements do not relate strictly to historical or current
facts and may include words or phrases such as “will” and “intends,” and words
and phrases of similar impact. The forward-looking statements are made
pursuant to safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements in this press release include, but are
not limited to, statements regarding the notes and our senior secured credit
facility. These statements involve risks and uncertainties that may cause
results to differ materially from the statements set forth in this press
release, including market conditions and the risks and uncertainties discussed
in ACI’s filings with the Securities and Exchange Commission. The
forward-looking statements speak only as of the date of this press release,
and undue reliance should not be placed on these statements. ACI disclaims any
obligation to update any forward-looking statements after the date of this
press release, except as required by law.
John Kraft, 239-403-4627
Vice President, Investor Relations & Strategic Analysis
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