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SYNCHRONOSS TECHNOLOGIES INC — Regulatory Filings 2021
Jun 25, 2021
34427_rns_2021-06-25_b563d72f-4eb6-4bf9-b89e-95ba64e26030.zip
Regulatory Filings
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Issuer Free Writing Prospectus
Filed pursuant to Rule 433
Registration No. 333- 248133
SYNCHRONOSS TECHNOLOGIES, INC. $120,000,000 8.375% Senior Notes Due 2026 Final Term Sheet
Issuer: Synchronoss Technologies, Inc.
Securities: 8.375% Senior Notes Due 2026 (the “Notes”)
Type: SEC Registered
TradeDate: June 28, 2021
SettlementDate: June 30, 2021
Listing: Expected NASDAQ “SNCRL”
Size: $120,000,000
Option: $5,000,000
MaturityDate: June 30, 2026
AnnualCoupon: 8.375%, paid quarterly in arrears
InterestPaymentDates: January 31, April 30, July 31 and October 31, commencing July 31, 2021, and at maturity.
PricetothePublic: 100%
DayCount: 30/360
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| Optional Redemption: | The Notes may be redeemed for cash in whole or in part at any time at the issuer’s option (i) on or after June 30, 2022 and prior to June 30, 2023, at a price equal to $25.75 per Note, plus accrued and unpaid interest to, but excluding, the date of redemption, (ii) on or after June 30, 2023 and prior to June 30, 2024, at a price equal to $25.50 per note, plus accrued and unpaid interest to, but excluding, the date of redemption, (iii) on or after June 30, 2024 and prior to June 30, 2025, at a price equal to $25.25 per Note, plus accrued and unpaid interest to, but excluding, the date of redemption, and (iv) on or after June 30, 2025 and prior to maturity, at a price equal to 100% of their principal amount, plus accrued and unpaid interest to, but excluding, the date of redemption. |
|---|---|
| Minimum Denomination/ Multiples: | $25.00/$25.00 |
| CUSIP/ISIN: | 87157B 301/US87157B3015 |
| Book-Running Manager: | B. Riley Securities, Inc. |
| Lead Managers: | Northland Securities, |
| Inc. Aegis Capital Corp EF Hutton, division of Benchmark Investments, LLC |
This communication is intended for the sole use of the person to whom it is provided by the issuer.
The issuer has filed a registration statement (including a base prospectus dated August 28, 2020) and a preliminary prospectus supplement dated June 24, 2021 with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov . Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and related preliminary prospectus supplement if you request them from B. Riley Securities, Inc. by calling (703) 312-9580 or by emailing [email protected].
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER E-MAIL SYSTEM.
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