Black Knight Financial Services Announces New Credit Facilities

Black Knight Financial Services, Inc. ("BKFS") today announced that its indirect subsidiary, Black Knight InfoServ, LLC, a Delaware limited liability company ("BKIS" or the "Company"), entered into a new $1.6 billion senior secured credit facility (the "Facilities") comprised of a $400 million five-year senior secured revolving facility, an $800 million five-year senior secured term loan A facility and a $400 million seven-year senior secured term loan B facility. The proceeds of the Facilities were used to repay, in part, the mirror loan and intercompany loans from Fidelity National Financial, Inc. ("FNF"), the indirect parent of BKIS, and pay related costs and expenses. The Facilities were borrowed by BKIS, guaranteed by BKFS' subsidiary, Black Knight Financial Services, LLC ("BKFS LLC"), and certain of BKIS' existing and future domestic subsidiaries and are secured by substantially all tangible and intangible assets of BKFS LLC, BKIS and certain of BKIS's existing and future domestic subsidiaries. BKFS also today announced that its previously announced partial redemption of approximately $205 million of BKIS' outstanding 5.75% Senior Notes Due 2023 will occur as planned on May 29, 2015. The redemption will be paid from a portion of the proceeds from the BKFS initial public offering that closed on May 26, 2015.
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