First Data Corporation (NYSE:FDC) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Definitive Material Agreement
2017 NovemberSecond Joinder Agreement with Respect to Credit Agreement
On November29, 2017, First Data Corporation (the “Company”) entered into a 2017 NovemberSecond Joinder Agreement (the “Joinder Agreement”) relating to its Credit Agreement, dated as of September24, 2007, as amended and restated as of September28, 2007, as further amended as of August10, 2010, March24, 2011, March13, 2012 and August16, 2012, as modified as of September27, 2012 and February13, 2013, as further amended as of April10, 2013, April15, 2013, January30, 2014, July18, 2014 and June2, 2015 and as further modified as of July10, 2015, November24, 2015, April13, 2016, June2, 2016, October14, 2016, December5, 2016, January23, 2017, April26, 2017, June14, 2017 and November15, 2017, respectively, among the Company, the several lenders from time to time parties thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent.
to the Joinder Agreement, the Company incurred an aggregate principal amount of $250 million in new U.S. dollar denominated term loans maturing on June2, 2020 (the “2020 New Term A Loans”). The interest rate and amortization in respect of the 2020 Term A Loans is identical to the interest rate and amortization in respect of the Company’s existing U.S. dollar denominated term loans maturing on June2, 2020. The Company will use the proceeds from the incurrence of the 2020 New Term A Loans for general corporate purposes, including, if applicable, acquisitions.
The foregoing description of the Joinder Agreement does not purport to be a complete description and is qualified in its entirety by reference to the full text of the Joinder Agreement, which is filed as Exhibit4.1 hereto.
Item 1.01.Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information set forth in Item 1.01 of this Current Report on Form8-K is incorporated by reference in this Item 1.01.
Item 1.01 |
Financial Statements and Exhibits |
(d)Exhibits