Latham & Watkins Represents Shift4 Payments, Inc. in US$1.1 Billion Senior Notes Offering

Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced that its subsidiaries, Shift4 Payments, LLC and Shift4 Payments Finance Sub, Inc., have priced an offering of US$1.1 billion aggregate principal amount of 6.750% senior notes due 2032 (the Notes). The Notes were priced at par value and will bear an interest rate of 6.750% per annum. The Notes are being offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933. The Notes will be guaranteed, jointly and severally, on a senior unsecured basis, by certain of Shift4’s subsidiaries. Shift4 expects to close the offering of the Notes on August 15, 2024, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP represents Shift4 in the offering with a capital markets team led by New York partners Marc Jaffe, Ian Schuman, and Adam Gelardi, with associates Hana Nah, Zoey Wu, Nicolas Gonzalez, and Richard Dacher. Advice was also provided on benefits matters by New York partner Bradd Williamson, with associate Anne Bracaglia; on tax matters by New York partner Eric Kamerman, with associate Michael Yu; and on banking matters by Washington, D.C./New York partner Manu Gaytrinath and Washington, D.C. partner Melissa Fabian, with associates Shane Alexander, Dalton Downing, and Mahika Narula.