EFTA01382799.pdf

X- I/A •fable of Contents FIRST DATA CORPORATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued) Interest on the 11.25% senior notes is payable in cash and is payable wmi-annually on May 15 and November IS. The 11.25% senior notes mature on Januar., IS, 2021. FDC may redeem the notes, in whole or in part, at any time prior to January 15, 2016. at a price equal to 100% of the principal amount of the notes redeemed plus accrued and unpaid interest to the redemption date and a "make-whole premium." Thereafter, FDC may redeem the notes. in whole or in part, at established redemption prices. 11.25% Senior Unsecured Subordinated Notes Due 2016 On January 6, 2014. the Company used proceeds from the issuance of its 11.75% senior unsecured subordinated notes due 2021, described below, together with cash on hand, to purchase for cash any and all outstanding 11.25% senior unsecured subordinated notes due 2016. This transaction was treated as a debt extinguishment. The Company incurred $1 million in Loss on debt extinguishment in connection with this transaction. 11.75% Senior Unsecured Subordinated Notes Due 2021 On January 6, 2014, FDC issued $725 million aggregate principal amount of 11.75% senior unsecured subordinated notes due August 15, 2021. The notes were issued at 103.5% of par for a premium of $25 million. The additional notes were treated as a single series with the existing 11.75% notes and will have the same terms as those of the existing 11.75% notes. The additional notes and the existing 11.75% notes will vote as one class under the indenture. FDC used the proceeds from the issue and sale of the additional notes, together with cash on hand, to redeem all of its outstanding 11.25% senior subordinated notes due 2016 and to pay related fees and expenses. On March 14, 2014, the Company completed an offer to exchange all of its 11.75% senior unsecured notes due 2021 for publicly tradable notes having substantially identical terms and guarantees. except that the exchange notes arc freely tradable. There was no expenditure or receipt of cash associated with this exchange, other than the professional fees incurred in connection with the registration statement itself. On July 11, 2014, the Company redeemed $866 million aggregate principal of its 11.75% senior unsecured subordinated notes due 2021, plus accrual and unpaid interest. Refer to "Debt Repurchase" below for additional information. Interest on the 11.75% senior notes is payable in cash and is payable semi-annually on February 15 and August 15. The 11.75% senior notes mature on August 15. 2021. FDC may redeem the notes, in whole or in part, at any time prior to May 15, 2016, at a price equal to 100% of the principal amount of the notes re deemal plus accrued and unpaid interest to the redemption date and a "make-whole premium." Thereafter, FIX may redeem the notes. in whole or in paft, at established redemption prices. Other In October 2014, PDC paid off its 4.85% notes due 2014 for $4 million. F-31 http://www.see.gov/Archi vecledgaddatat883980/000119312515334479/d31022dsla.htmill0/14/2015 9:06:38 AM] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082295 CONFIDENTIAL SONY GM_00228479 EFTA01382799