The high-yield notes are part of the financing for Shift4 Payments’ acquisition of Global Blue Group Holdings

Davis Polk advised the representative of the several initial purchasers, in connection with a Rule 144A / Regulation S offering by Shift4 Payments LLC and Shift4 Payments Finance Sub, Inc., subsidiaries of Shift4 Payments, Inc., of $550 million aggregate principal amount of their 6.750% senior secured notes due 2032 and €680 million aggregate principal amount of their 5.500% senior secured notes due 2033. The notes are guaranteed by certain subsidiaries of Shift4 Payments and are part of the financing for Shift4 Payments’ acquisition of Global Blue Group Holdings AG.

Shift4 Payments is a leading independent provider of software and payment processing solutions in the United States, based on the total volume of payments processed. It powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry.

The Davis Polk capital markets team included partner Hillary A. Coleman and associates Xuanling Xu, Kanger Jin and Sijia (Scarlett) Huang. Partner Scott M. Herrig and counsel Christina C. Bell provided finance advice. Counsel Liang Zhang and associates Ted Lee and Zoey Chau provided tax advice. All members of the Davis Polk team are based in the New York office.

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