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Western Union CO — Capital/Financing Update 2017
Aug 15, 2017
31431_rns_2017-08-15_45123d16-8000-4d24-a901-48b493b41387.zip
Capital/Financing Update
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FWP 1 wu3297611-fwp.htm FILING UNDER SECURITIES ACT RULES 163/433 OF FREE WRITING PROSPECTUSES
Filed Pursuant to Rule 433 Registration No. 333-213943
The Western Union Company
$250,000,000 Floating Rate Notes due 2019
August 15, 2017
Pricing Term Sheet
| Issuer: | The Western Union Company | | --- | --- | | Securities: | Floating Rate Notes due 2019 | | Format: | SEC-Registered | | Trade Date: | August 15, 2017 | | Settlement Date*: | August 22, 2017 (T+5) | | Maturity Date: | May 22, 2019 | | Principal Amount: | $250,000,000 | | Price to Public: | 100.000% | | Net Proceeds (before expenses) to Issuer: | $249,375,000 | | Coupon (Interest Rate): | Three-month LIBOR
- 80 basis points | | Interest Payment Dates: | February 22, May 22, August 22 and November 22 of each year, beginning November 22, 2017 | | Change of Control: | If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the notes, the Issuer will be required to offer to repurchase the notes at a price equal to 101% of the aggregate principal amount of notes repurchased, plus accrued and unpaid interest, if any, on the notes repurchased to, but not including, the date of repurchase | | Minimum Denominations: | $2,000 and integral multiples of $1,000 in excess thereof |
| Day Count
| Convention: | Actual/360 |
|---|---|
| Business | |
| Days: | New |
| York | |
| CUSIP / | |
| ISIN: | 959802 AV1 / |
| US959802AV18 | |
| Use of | |
| Proceeds: | The Issuer intends to use the net |
| proceeds from the sale of the notes for general corporate | |
| purposes | |
| Joint | |
| Book-Running Managers: | Citigroup Global |
| Markets Inc. | |
| U.S. Bancorp | |
| Investments, Inc. | |
| Co-Managers: | BNY Mellon |
| Capital Markets, LLC | |
| Credit Suisse | |
| Securities (USA) LLC | |
| Mizuho Securities | |
| USA LLC | |
| Scotia Capital | |
| (USA) Inc. |
*The Issuer expects to deliver the notes against payment on or about August 22, 2017, which is the fifth U.S. business day following the date of this pricing term sheet (such settlement being referred to as T+5). Under Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market are required to settle in three U.S. business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to the third U.S. business day before the settlement date will be required, by virtue of the fact that the notes initially settle in T+5, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the notes who wish to trade the notes prior to the third U.S. business day before the settlement date should consult their advisors.
The Issuer has filed a registration statement (including a base prospectus and a prospectus supplement) with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates. Capitalized terms used herein and not otherwise defined herein have the meanings specified in the prospectus supplement. Before you invest, you should read the prospectus supplement for this offering, the prospectus in that registration statement and any 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 searching the SEC online data base (EDGAR) on the SEC web site at http://www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, or U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607.
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 email system.
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