Worldpay gets waiver under €500 million 3¾% notes for merger plans

By Susanna Moon

Chicago, Oct. 11 – Worldpay Group plc said wholly owned subsidiary Worldpay Finance plc secured the needed consents to amend its €500 million 3¾% senior notes due 2022.

The consent solicitation ended at noon ET on Oct. 10.

As announced Sept. 26, Worldpay was asking for a waiver of and amendments to the change-of-control provisions included in the notes indenture related to its proposed merger with Vantiv, Inc. and Vantiv UK Ltd.

The company said it also was seeking amendments to allow for the provision of a guarantee of the notes by any parent of Worldpay, to allow Worldpay to satisfy its ongoing reporting obligations under the notes indenture by providing reports of the guarantor or a parent of the guarantor as well as to permit reports and calculations under the notes indenture to be made based on GAAP or IFRS.

Lucid Issuer Services Ltd. (+44 20 7704 0880 or worldpay@lucid-is.com) is the tabulation agent and information agent. Morgan Stanley & Co. LLC (+44 20 7677 5040 or liabilitymanagementeurope@morganstanley.com) is the solicitation agent.

The issuer is a London-based international payments processing company.

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