Genesys Announces Offering of $700 Million of Senior Unsecured Notes
SAN FRANCISCO, Nov. 11, 2016 /PRNewswire/ -- Genesys Telecommunications Laboratories, Inc. ("Genesys") announced today that it, along with its parent companies, Greeneden U.S. Holdings II, LLC ("Greeneden II") and Greeneden Lux 3 S.à r.l. ("Lux 3" and together with Genesys and Greeneden II, the "Issuers"), intends to offer up to $700 million in aggregate principal amount of their senior unsecured notes due 2024 (the "Notes") in a private placement, subject to market and other conditions. The Notes are expected to be guaranteed by Greeneden U.S. Holdings I, LLC, Greeneden II's parent company, and certain wholly owned domestic and foreign subsidiaries of Genesys and Lux 3 on a senior unsecured basis. The Issuers intend to use the net proceeds from any such offering to fund the previously announced acquisition of Interactive Intelligence Group, Inc. and its subsidiaries, as well as general corporate purposes, including repayment of existing debt. Following consummation of the acquisition, Interactive Intelligence Group, Inc. and certain of its wholly owned domestic subsidiaries will guarantee the Notes on a senior unsecured basis.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes nor shall there be any offer, solicitation or sale of the Notes in any state in which such offer, solicitation or sale would be unlawful. The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws, and may not be offered or sold in the United States absent registration or pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
Chief Accounting Officer and Acting Chief Financial Officer, Genesys