First Data Announces Pricing of Secondary Offering of 64,000,000 Shares of Class A Common Stock
NEW YORK--(BUSINESS WIRE)--First Data Corporation (the “Company”) (NYSE: FDC) today announced the pricing of the previously announced underwritten secondary offering by New Omaha Holdings L.P. (the “Selling Stockholder”) of 64,000,000 shares of Class A common stock of the Company pursuant to the Company’s registration statement filed with the Securities and Exchange Commission (the “Commission”), at the public offering price of $23.75 per share. The offering is expected to close on August 16, 2018, subject to customary closing conditions. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to 9,600,000 additional shares of Class A common stock. The Selling Stockholder will receive all of the proceeds from this offering. No shares are being sold by the Company.