NAPLES, Fla.--(BUSINESS WIRE)--
ACI Worldwide, Inc. (NASDAQ:ACIW) today announced that it has commenced
a private offering, subject to market and other conditions, of $300
million in aggregate principal amount of senior notes due 2020 (the
"notes"). The offering will be made to "qualified institutional buyers"
as defined in Rule 144A under the Securities Act of 1933 (the
"Securities Act"), and in offshore transactions pursuant to Regulation S
under the Securities Act. 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 Securities Act.
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 global retailers, 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, and trade
finance. To learn more about ACI and the reasons why our solutions are
trusted globally, please visit www.aciworldwide.com.
You can also find us on www.paymentsinsights.com
or on Twitter @ACI_Worldwide.
Forward-Looking Statements
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.
ACI Worldwide
John Kraft, 239-403-4627
Vice President,
Investor Relations & Strategic Analysis
john.kraft@aciworldwide.com
Source: ACI Worldwide, Inc.
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