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Shift4 Payments Raises €435 Million Through 5.5% Senior Notes Due 2033
Shift4 Payments FOUR | 59.28 | +2.07% |
Shift4 Payments Inc. announced that its subsidiaries, Shift4 Payments, LLC and Shift4 Payments Finance Sub, Inc., have completed the issuance and sale of €435 million in aggregate principal amount of 5.500% Senior Notes due 2033. The transaction generated approximately $507 million in net proceeds after deducting initial purchasers' discounts and estimated offering expenses. The funds will be used for general corporate purposes, including debt repayment, strategic acquisitions, growth initiatives, and the potential repurchase of outstanding company shares. The notes were sold to qualified institutional buyers and outside the United States in accordance with applicable securities regulations.


