First Data $1.71 Billion Secondary Offering

Davis Polk advised the joint book-running managers and representatives of the underwriters in connection with the $1.71 billion secondary offering of 73,600,000 shares of Class A common stock of First Data Corporation by New Omaha Holdings, L.P., a holding vehicle for KKR and certain other investors in First Data. First Data’s Class A common stock is traded on the New York Stock Exchange under the symbol “FDC.”

First Data is a global leader in commerce-enabling technology, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company's 24,000 owner-associates are dedicated to helping companies, from start-ups to the world's largest corporations, conduct commerce every day by securing and processing more than 2,800 transactions per second and $2.2 trillion per year.

The Davis Polk corporate team included partner Byron B. Rooney and associate Win Rutherfurd. Partner Rachel D. Kleinberg and associate Dao Fu provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the New York and Northern California offices.