Market Overview

ACI Worldwide, Inc. Announces Private Offering of Senior Notes

Share:

ACI
Worldwide
(NASDAQ:ACIW), a leading global provider of real-time electronic
payment and banking solutions
, today announced that it has
commenced a private offering, subject to market and other conditions, of
$300 million of Senior Notes due 2026 (the "notes"). 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 to certain non-U.S. persons outside the United
States pursuant to Regulation S under the Securities Act. ACI intends to
use the net proceeds of the offering, together with cash from its
balance sheet, to redeem in full its outstanding 6.375% Senior Notes due
2020 (the "2020 notes") and to pay accrued and unpaid interest on the
2020 notes.

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 or the 2020 notes, nor shall there be any offer,
solicitation, sale or purchase of the notes or the 2020 notes in any
jurisdiction in which such offer, solicitation, sale or purchase would
be unlawful. This notice is being issued in accordance with Rule 135c
under the Securities Act.

About ACI Worldwide
ACI Worldwide, the Universal
Payments
 (UP) company, powers electronic
payments
 for more than 5,100 organizations around the world. More
than 1,000 of the largest financial institutions and intermediaries, as
well as thousands of global merchants, rely on ACI to execute $14
trillion each day in payments and securities. In addition, myriad
organizations utilize our electronic
bill presentment and payment
 services. Through our comprehensive
suite of software solutions delivered on customers' premises or through
ACI's private
cloud
, we provide real-time, immediate
payments
 capabilities and enable the industry's most complete omni-channel
payments
 experience.

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 "believes," "will," "expects," "anticipates,"
"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 offering of the notes and the
redemption of the 2020 notes.

All of the forward-looking statements contained in this release are
expressly qualified by the ability of ACI to consummate the offering of
the notes and the redemption of the 2020 notes, as well as the
additional risk factors discussed in ACI's filings with the Securities
and Exchange Commission. For a detailed discussion of these risk
factors, you should review ACI's filings with the Securities and
Exchange Commission, including its most recently filed Annual Report on
Form 10-K and its subsequently filed Quarterly Reports on Form 10-Q.

View Comments and Join the Discussion!