Market Overview

ACI Worldwide Announces Upsize and Pricing of Senior Notes


ACI Worldwide (NASDAQ:ACIW) today announced that it priced an offering
of $400 million of its 5.750% Senior Notes due 2026 (the "notes"). The
offering was upsized from the previously announced $300 million
aggregate principal amount. The issuance of the notes is anticipated to
close on August 21, 2018, subject to customary closing conditions.

ACI intends to use the net proceeds of the offering 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, to repay a portion of
the outstanding amount under the term loan portion of its credit
facility and for general corporate purposes.

The notes have not been registered under the Securities Act of 1933, as
amended (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 risks relating to 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!