EVERTEC, Inc. (NYSE:EVTC) (“ EVERTEC” or the “ Company”) announced today the pricing of a previously announced underwritten public offering of 20,000,000 shares of its common stock by an affiliate of Apollo Global Management, LLC (“ Apollo”), Popular, Inc., and certain officers and current and former employees of the Company (collectively, the “ Selling Stockholders”) at a price to the public of $22.50 per share (the “ Offering Price”). The underwriters of the offering will have a 30-day option to purchase up to an additional 3,000,000 shares of common stock from Apollo at the Offering Price, less underwriting discounts and commissions. The Selling Stockholders will receive all of the proceeds from the offering. The offering is expected to close on or about September 18, 2013, subject to customary closing conditions.
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc., BofA Merrill Lynch, Credit Suisse Securities (USA) LLC and UBS Securities LLC are acting as joint bookrunners for the offering. William Blair & Company, L.L.C., Apollo Global Securities, LLC and Popular Securities, Inc. are acting as co-managers for the offering.
The offering is being made only by means of a prospectus. A copy of the final prospectus related to this offering, when available, may be obtained by contacting: Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, by calling (866) 471-2526, or by emailing firstname.lastname@example.org or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling (866) 803-9204.
The registration statement relating to the securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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