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|Loan Repricing & Interest Rate Hedging Agreements|
RNS Number : 2893S
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
Worldpay Announces Loan Repricing and Interest Rate Hedging Agreements
While Worldpay's total borrowings did not change as a result of these activities, the amendment further diversifies the Company's currency mix within its debt structure by establishing a new class of Term A Loans (A-6) of approximately
"We've successfully completed a refinancing and hedging program that together will provide the company significant annual savings and meaningfully reduce our exposure to future changes in interest rates," said
The amendment and a summary of the amended terms will be filed with the
Pursuant to its obligations under the U.S. Securities Exchange Act of 1934, as amended, the amendment and a summary of the amended terms will be filed with the
The Company will shortly submit the corresponding Form 8-K and accompanying exhibits in respect of the Financing Arrangements to the National Storage Mechanism and they will be available for inspection at: http://www.morningstar.co.uk/uk/NSM.
Worldpay processes over 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The company's growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.
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