Latham Represents Shift4 Payments, Inc. in Financings to Support Acquisition of Global Blue Group Holding AG

Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced the pricing of an underwritten public offering of 8,750,000 shares of Series A Mandatory Convertible Preferred Stock of the Company at a public offering price of US$100.00 per share, as well as an offering of €680 million aggregate principal amount of 5.500% senior notes due 2033 and US$550 million in aggregate principal amount of their 6.750% senior notes due 2032. Shift4 intends to use the net proceeds of the offering of the notes, a new secured term loan B credit facility, and issuance and sale of mandatory convertible preferred stock and cash on hand for (i) the payment of a portion of the cash consideration due in respect of Shift4 Payments, Inc.’s acquisition of Global Blue Group Holding AG and related fees, costs, and expenses, (ii) the redemption or repayment of the issuers’ 4.625% senior notes due 2026 and/or, (iii) general corporate purposes, including repayment of debt, other strategic acquisitions, and growth initiatives. Latham is also representing Shift4 in the acquisition of Global Blue.

Latham & Watkins LLP represents Shift4 in the offerings and new secured term loan B credit facility with a capital markets team led by partners Marc Jaffe, Ian Schuman, and Adam Gelardi, with associates Shawn Quinn, Zoey Wu, Isabelle Sawhney, Amy Dau, and Emma Fichtel and a banking team led by partners Manu Gayatrinath and Melissa Fabian, with associates Shane Alexander and Jen Goldshtein. Advice was also provided on equity-linked products matters by partner Reza Mojtabaee-Zamani, with associates Shawn Noh and Daniel Weiss; on tax matters by Bora Bozkurt and Eric Kamerman, with associate Michael Yu; and on listing matters by Gail Neely.