ACI Worldwide Announces Completion of Offering of 5.750% Senior Notes Due 2026

8/21/18

NAPLES, Fla.--(BUSINESS WIRE)--ACI Worldwide (Nasdaq: ACIW) today announced that it has completed its previously announced offering of $400 million of its 5.750% Senior Notes due 2026.

ACI is using the net proceeds of the offering to redeem in full its outstanding 6.375% Senior Notes due 2020 and to pay accrued and unpaid interest on the 2020 notes and to repay a portion of the outstanding amount under the term loan portion of its credit facility.

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.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.