Business
Shift4 Announces Pricing of Offering of €680 Million of Senior Notes due 2033 and $550 Million Tack-On Offering of Senior Notes due 2032
CENTER VALLEY, Pa., May 08, 2025--Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, today announced that its subsidiaries, Shift4 Payments, LLC ("Shift4") and Shift4 Payments Finance Sub, Inc. (together with Shift4, the "Issuers"), have priced an offering of €680 million aggregate principal amount of 5.500% senior notes due 2033 (the "Euro Notes") and $550 million in aggregate principal amount of their 6.750% senior notes due 2032 (the "New 2032 Notes"
About this update from Shift4 Payments, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/fe492fba1081797fedfe85199821faa8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Wi_ax1MJjV3seVZEcN49dg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/fe492fba1081797fedfe85199821faa8","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/73q9BEVadhw1aQaLeaTrZA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/fe492fba1081797fedfe85199821faa8","width":1024,"height":512}},"lazy":false},{"type":"text","content":"CENTER VALLEY, Pa., May 08, 2025--(BUSINESS WIRE)--Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, today announced that its subsidiaries, Shift4 Payments, LLC ("Shift4") and Shift4 Payments Finance Sub, Inc. (together with Shift4, the "Issuers"), have priced an offering of €680 million aggregate principal amount of 5.500% senior notes due 2033 (the "Euro Notes") and $550 million in aggregate principal amount of their 6.750% senior notes due 2032 (the "New 2032 Notes" and, together with the Euro Notes, the "Notes"). The New 2032 Notes will be issued as additional securities under an Indenture, dated August 15, 2024 (as supplemented from time to time, the "2032 Notes Indenture"), pursuant to which the Issuers issued $1,100 million in aggregate principal amount of its 6.750% senior notes due 2032 (the "Existing 2032 Notes") in August 2024. The New 2032 Notes and the Existing 2032 Notes are intended to be treated as a single class of debt securities under the 2032 Notes Indenture, and the New 2032 Notes will have identical terms to the Existing 2032 Notes, other than with respect to the issue date and issue price. The Euro Notes were priced at par value and will bear an interest rate of 5.500% per annum. The New 2032 Notes were priced at an issue price of 100.50% and will bear an interest rate of 6.750% per annum. The Notes are being offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The...