LONDON, Dec 4 (IFR) - Vantiv LLC and Vantiv Issuer Corp have mandated banks for USD1.13bn-equivalent 8NC3 senior notes to be split between USD and GBP tranches.
Joint books are MS (B&D), CS, MUFG, BBVA, Citizens, Lloyds, Mediobanca, Miz, NatWest, SMBC, UniCredit. Co-managers are Barc, Bawag, BMO, Capone, Fifth Third, Janney, PNC.
Pricing expected Thursday.
UoP: to repay existing debt of Worldpay, pay fees & expenses related to the acquisition and financing.
RegS/144A for life, 200k/1k denoms for the USD, 100k/1k for the GBP, NC3 (50%/25%/par).
US roadshow Tuesday (NY) and Weds (Boston); UK roadshow Tues and Weds (London).