September 15, 2011 09:00 AM Eastern Daylight Time
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (“EVERTEC” or the “Company”) today announced the expiration and final results of the previously announced exchange offer (the “Exchange Offer”) to exchange up to $220,000,000 aggregate principal amount of its 11% Senior Notes due 2018 that have been registered under the Securities Act of 1933, as amended, for a like principal amount of its outstanding 11% Senior Notes due 2018 (the “Old Notes”).
An aggregate of $220,000,000 principal amount of the Old Notes were validly tendered and received prior to the expiration of the Exchange Offer at 5:00 p.m., New York City time, on September 14, 2011. All of the Old Notes that were validly tendered and not withdrawn were accepted by the Company for exchange in the Exchange Offer. This announcement is not an offer to exchange, or the solicitation of an offer to exchange, with respect to any security. The Exchange Offer was made solely by a prospectus dated August 2, 2011 and the terms and conditions stated therein.
About EVERTEC, Inc.
EVERTEC, Inc. is a diversified processing business, offering transaction and payment processing, merchant acquiring and processing and other related services in Puerto Rico and certain countries within the Caribbean and Latin America. EVERTEC owns and operates the ATH network, the leading debit payment and ATM network in Puerto Rico. EVERTEC’s products and services include point-of-sale processing, network and switch services, automated teller machine driving services, core bank processing, business process outsourcing solutions, technology infrastructure management, financial services applications and merchant acquiring services. Headquartered in San Juan, Puerto Rico, EVERTEC has approximately 1,700 employees in 6 countries throughout the Caribbean and Latin America. EVERTEC is 51% owned by an affiliate of Apollo Global Management, LLC, a leading private equity and capital markets investor, and 49% owned by Popular, Inc., the largest financial institution in Puerto Rico and the Caribbean. For more information about EVERTEC, please visit www.evertecinc.com.
