secwatch.observer — SEC 8-K summary
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Issuer:     Shift4 Payments, Inc. (FOUR)
CIK:        0001794669
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001193125-24-201402
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shift4 completes $1.1B 6.75% senior notes due 2032; to refinance existing debt
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- $1.1B of 6.750% senior notes due 2032 issued; net proceeds approx. $1.0879B after discounts and fees.
- Interest payable semi-annually; notes mature Aug 15, 2032; make-whole call protection until Aug 2027.
- Proceeds to be used for general corporate purposes; expects to repay $690M 0% convertible notes due 2025 and/or $450M 4.625% notes due 2026.
- Notes are senior unsecured obligations, guaranteed by certain subsidiaries; covenants limit debt, dividends, asset sales, and mergers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794669/000119312524201402/0001193125-24-201402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794669/000119312524201402/d868127d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-201402

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