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ACI Worldwide Inc Announces Private Offering Of Senior Notes


Monday, 12 Aug 2013 07:00am EDT 

ACI Worldwide Inc announced that it has commenced a private offering, subject to market and other conditions, of $300 million in aggregate principal amount of senior notes due 2020. The offering will be made to 'qualified institutional buyers' as defined in Rule 144A under the Securities Act of 1933, and in offshore transactions pursuant to Regulation S under the Securities Act. ACI intends to use the net proceeds of the offering to repay the outstanding amount under the revolving portion of its senior secured credit facility, for general corporate purposes and to pay related fees and expenses. 

Company Quote

23.79
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22 May 2015