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Vantiv Inc (VNTV.N)

VNTV.N on New York Stock Exchange

75.87USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Vantiv Prices Senior Notes Offering
Thursday, 7 Dec 2017 11:44am EST 

Vantiv Inc ::VANTIV PRICES SENIOR NOTES OFFERING.VANTIV - UNITS PRICED OFFERING OF $500 MILLION OF 4.375% SENIOR UNSECURED NOTES DUE 2025 AND £470 MILLION OF 3.875% SENIOR UNSECURED NOTES DUE 2025.  Full Article

Vantiv Launches Senior Notes Offering
Monday, 4 Dec 2017 07:04am EST 

Dec 4 (Reuters) - Vantiv Inc ::VANTIV LAUNCHES SENIOR NOTES OFFERING.VANTIV - CO, UNITS LAUNCHED OFFERING FOR $1.13 BILLION EQUIVALENT OF SENIOR UNSECURED NOTES DUE 2025.VANTIV INC - TO USE PROCEEDS FROM OFFERING TO REFINANCE EXISTING DEBT OF WORLDPAY GROUP IN CONNECTION WITH CO'S ACQUISITION OF WORLDPAY​.  Full Article

Vantiv Says Worldpay Deal Gets ‍U.S., UK And Dutch Regulatory Nod
Monday, 27 Nov 2017 07:40am EST 

Nov 27 (Reuters) - Vantiv Inc ::VANTIV- ‍WAITING PERIOD UNDER US HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976 (AS AMENDED) HAS EXPIRED​.VANTIV- ‍ALL REQUIRED PRE-CLOSING APPROVALS FOR WORLDPAY DEAL HAVE BEEN RECEIVED FROM FCA​.VANTIV- ‍US, UK AND DUTCH REGULATORY CONDITIONS RELATING TO CLEARANCES FOR WORLDPAY DEAL HAVE BEEN SATISFIED​.  Full Article

Worldpay Group Plc says net revenue up 7 pct in quarter
Monday, 27 Nov 2017 07:00am EST 

Nov 27 (Reuters) - Worldpay Group Plc ::‍VANTIV AND WORLDPAY HAVE MADE GOOD PROGRESS ON ALL ASPECTS OF TRANSACTION AND INTEGRATION PLANNING HAS COMMENCED​.‍NET REVENUE UP +7% IN QUARTER AND 10% CUMULATIVELY; UNDERLYING EBITDA1 UP +8.5% IN QUARTER AND 12% CUMULATIVELY​.QTRLY ‍REVENUE 1,268.6 MILLION POUNDS VERSUS 1,170.2​ MILLION POUNDS.RESPECTIVE SHAREHOLDER MEETINGS WILL BE CONVENED IN EARLY JANUARY 2018 AND IT IS EXPECTED THAT MERGER WILL COMPLETE IN MID-JANUARY 2018​.QTRLY ‍PROFIT BEFORE TAX 62.5 MILLION POUNDS VERSUS 60.4​ MILLION POUNDS.‍WELL POSITIONED TO DELIVER AN UNDERLYING EBITDA MARGIN IMPROVEMENT IN SECOND HALF IN LINE WITH PREVIOUS GUIDANCE.‍WE EXPECT NET REVENUE GROWTH FOR FY 2017 TO BE AT LOWER END OF OUR EXISTING GUIDANCE RANGE OF 9-11 PERCENT​.‍EXPECT TRENDS IN UK AND US THAT WE HAVE SEEN IN Q3 TO CONTINUE INTO 2018.‍TAX CHARGE DECREASED BY £72.0 MILLION, OR 56 PERCENT, TO A TAX CHARGE OF £56.6 MILLION IN NINE MONTHS ENDED 30 SEPTEMBER 2017​.  Full Article

Vantiv sees FY 2017 adj. pro forma EPS $3.34 to $3.36
Thursday, 26 Oct 2017 07:00am EDT 

Oct 26 (Reuters) - Vantiv Inc :Vantiv reports third quarter 2017 results.Sees q4 2017 gaap earnings per share $0.24 to $0.30.Sees fy 2017 gaap earnings per share $1.42 to $1.47.Q3 adjusted pro forma earnings per share $0.90.Q3 gaap earnings per share $0.57.Q3 revenue rose 13 percent to $1.034 billion.Sees q4 2017 revenue $556 million to $566 million.Sees fy 2017 revenue up 11 percent.Sees fy 2017 revenue $2.11 billion to $2.12 billion.Sees q4 2017 adjusted pro forma earnings per share $0.94 to $0.96.Sees fy 2017 adjusted pro forma earnings per share $3.34 to $3.36.Q3 revenue view $551.5 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.94, revenue view $561.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $3.35, revenue view $2.12 billion -- Thomson Reuters I/B/E/S.  Full Article

Vantiv and Visa launch new small business merchant settlement service, fastaccess funding​
Thursday, 14 Sep 2017 09:00am EDT 

Sept 14 (Reuters) - Visa Inc ::Vantiv Inc - Vantiv and Visa launch new small business merchant settlement service, fastaccess funding​.  Full Article

Vantiv says ‍existing credit facilities of its units were further amended
Monday, 11 Sep 2017 08:36am EDT 

Sept 11 (Reuters) - Vantiv Inc ::Vantiv - ‍existing credit facilities of co's units were further amended pursuant to third amended and restated loan agreement, dated September 8​.Vantiv - ‍third amended and restated loan agreement provides for senior secured credit facilities comprised of $4.01 billion of term A loan tranches.  Full Article

Vantiv says certain lenders to give Vantiv LLC unsecured bridge loan of up to $1.13 bln - SEC filing
Wednesday, 9 Aug 2017 07:52am EDT 

Aug 9 (Reuters) - Vantiv Inc :Vantiv says certain lenders have committed to make available to Vantiv LLC new unsecured bridge loan facility of up to $1.13 billion - SEC filing.Vantiv - Vantiv LLC, others entered backstop commitment letter pursuant to which lenders agreed severally to provide up to $1.0 billion revolving credit facility.Vantiv - Backstop lenders also agreed to provide up to $4.10 billion Term A loan facility, $3.2 billion Term B loan facility for benefit of Vantiv LLC, some units​.  Full Article

Vantiv posts Q2 GAAP earnings per share $0.42
Wednesday, 9 Aug 2017 02:15am EDT 

Aug 9 (Reuters) - Vantiv Inc :Vantiv reports second quarter 2017 results.Sees Q3 2017 GAAP earnings per share $0.41 to $0.43.Sees FY 2017 GAAP earnings per share $1.31 to $1.36.Q2 adjusted pro forma earnings per share $0.83.Q2 GAAP earnings per share $0.42.Q2 revenue rose 12 percent to $998.8 million.Q2 revenue view $525.1 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $544 million to $554 million.Sees FY 2017 revenue $2.1 billion to $2.12 billion.Sees Q3 2017 adjusted pro forma earnings per share $0.88 to $0.90.Sees fy 2017 adjusted pro forma earnings per share $3.31 to $3.36.Q3 earnings per share view $0.86, revenue view $547.0 million -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $3.27, revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Fifth Third Bancorp announces agreement to sell Vantiv shares
Tuesday, 8 Aug 2017 11:13am EDT 

Aug 8 (Reuters) - Fifth Third Bancorp ::Fifth Third Bancorp announces agreement to sell Vantiv shares.On consummation of share repurchase, Fifth Third will no longer be entitled to appoint a director to Vantiv's board of directors​.During Q3, Co expects to recognize pre-tax gain of about $1.0 billion related to agreements with Vantiv​.On consummation of share repurchase Fifth Third's remaining director will resign from Vantiv's board​.Assuming after-tax proceeds are deployed into share repurchases, impacts of transactions are expected to be accretive to 2018 EPS​.Fifth Third currently expects to repurchase common shares from realized after-tax gains from transaction​.Fifth Third will continue to account for its ownership in Vantiv Holding LLC under equity method of accounting​.  Full Article

BRIEF-Vantiv Prices Senior Notes Offering

* VANTIV - UNITS PRICED OFFERING OF $500 MILLION OF 4.375% SENIOR UNSECURED NOTES DUE 2025 AND £470 MILLION OF 3.875% SENIOR UNSECURED NOTES DUE 2025 Source text for Eikon: Further company coverage: