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17 SEP 2015Himanshu Patel Appointed Chief Financial Officer of First Data CorporationFirst Data, a global leader in commerce-enabling technology and solutions, today announced that Himanshu Patel has been appointed Chief Financial Officer for the company.
13 AUG 2015First Data Announces Expiration of Cash Tender OffersFirst Data Corporation (“First Data”) today announced that its previously announced cash tender offers for any and all of its outstanding 7.375% Senior Secured Notes due 2019 (the “7.375% Notes”) and any and all of its outstanding 8.875% Senior Secured Notes due 2020 (the “8.875% Notes” and, together with the 7.375% Notes, the "Notes") expired at 5:00 p.m., New York City time, on August 12, 2015 (the “Expiration Time”).
05 AUG 2015First Data Announces Offering of $675 Million of Senior Secured NotesFirst Data Corporation today announced that it intends to offer $675 million aggregate principal amount of senior secured notes due 2023 (the “Notes”), subject to market conditions. First Data intends to use the proceeds from the offering of the Notes to redeem and/or repurchase the remaining outstanding amount of its 7.375% senior secured first lien notes due 2019 and to pay related fees and expenses.
29 JUL 2015First Data Reports Second Quarter 2015 Financial ResultsFirst Data Corporation today reported financial results for the second quarter ended June 30, 2015. Consolidated revenue for the second quarter was $2.9 billion, up 1% versus the prior year period. Segment revenue, which modifies consolidated revenue for the exclusion of various pass through items and other impacts, was $1.8 billion for the quarter, up 1% versus the prior year period, or up 5% excluding currency impacts.
27 JUL 2015First Data to Release Second Quarter 2015 Financial ResultsOn Wednesday, July 29, 2015, First Data Corporation will release its second quarter 2015 results after the close of the market. The release will be available at investor.firstdata.com.
20 JUL 2015First Data Files Registration Statement for Proposed Initial Public OfferingFirst Data Corporation announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its common stock. The number of shares to be offered, the price range, and the stock exchange listing for the proposed offering have not yet been determined. The company intends to use the net proceeds from the offering for the repayment of certain indebtedness.
24 JUN 2015Atlanta Business Leader R.K. Sehgal Joins First Data International Advisory BoardFirst Data Corporation, the global leader in payment technology and services solutions, today announced that global business executive and influential leader, R.K. Sehgal, has joined the First Data International Advisory Board.