Deluxe Corp Files 8-K: Regulation FD & Financials
Ticker: DLX · Form: 8-K · Filed: Nov 19, 2024 · CIK: 27996
Sentiment: neutral
Topics: sec-filing, regulation-fd, financials
Related Tickers: DLX
TL;DR
Deluxe Corp filed an 8-K, standard reporting, no major news.
AI Summary
On November 19, 2024, Deluxe Corporation filed an 8-K report to disclose information regarding Regulation FD and financial statements. The filing does not contain specific financial figures or material events beyond the standard reporting requirements.
Why It Matters
This filing indicates Deluxe Corporation is adhering to its reporting obligations with the SEC, providing transparency to investors.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for Regulation FD and financial statement disclosures, with no new material information or events.
Key Players & Entities
- Deluxe Corporation (company) — Registrant
- November 19, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing for Deluxe Corporation?
The primary purpose of this 8-K filing is to disclose information related to Regulation FD and to provide financial statements and exhibits.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is November 19, 2024.
What is the principal executive office address for Deluxe Corporation?
The address of the principal executive offices for Deluxe Corporation is 801 S. Marquette Ave., Minneapolis, MN 55402.
What is Deluxe Corporation's telephone number?
Deluxe Corporation's telephone number is (651) 483-7111.
What is the state of incorporation for Deluxe Corporation?
The state of incorporation for Deluxe Corporation is MN (Minnesota).
Filing Stats: 1,316 words · 5 min read · ~4 pages · Grade level 17 · Accepted 2024-11-19 16:48:31
Key Financial Figures
- $1.00 — ch registered Common Stock, par value $1.00 per share DLX NYSE Indicate by ch
- $450 million — press release announcing the pricing of $450 million aggregate principal amount of its senio
- $400 million — e size of the offering was upsized from $400 million to $450 million. The Notes will pay int
- $500 million — ity in an aggregate principal amount of $500 million and extending maturity to February 1, 2
Filing Documents
- tm2428903d1_8k.htm (8-K) — 31KB
- tm2428903d1_ex99-1.htm (EX-99.1) — 13KB
- tm2428903d1_ex99-1img001.jpg (GRAPHIC) — 28KB
- 0001104659-24-120602.txt ( ) — 258KB
- dlx-20241119.xsd (EX-101.SCH) — 3KB
- dlx-20241119_lab.xml (EX-101.LAB) — 33KB
- dlx-20241119_pre.xml (EX-101.PRE) — 22KB
- tm2428903d1_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On November 19, 2024, Deluxe Corporation, a Minnesota corporation (the " Company "), issued a press release announcing the pricing of $450 million aggregate principal amount of its senior secured notes due 2029 (the " Notes "). The size of the offering was upsized from $400 million to $450 million. The Notes will pay interest semi-annually at a rate of 8.125% per annum. The offering is expected to close on December 3, 2024, subject to customary closing conditions. The Notes to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act of 1933, as amended (the " Securities Act "), and to certain non-U.S. persons outside of the United States in reliance on the exemption from registration provided by Regulation S under the Securities Act (the " Offering "). The Company intends to use the net proceeds from the Offering, together with borrowings under the Company's new senior secured credit facilities, to (i) refinance its term A loan facility and million revolving credit facility and (ii) pay transaction fees and expenses. The Offering is conditioned on the closing of an amendment and restatement of the Company's existing credit agreement governing the existing term A loan facility and the existing revolving credit facility to provide for new senior secured credit facilities consisting of a revolving credit facility in an aggregate committed amount of $400 million and a term A loan facility in an aggregate principal amount of $500 million and extending maturity to February 1, 2029. A copy of the press release announcing the of the Offering pricing is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. This Current Report on Form 8-K does not and will not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security and shall not constitute an offe
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Exhibit 99.1 Press release, dated November 19, 2024, Deluxe Announces Pricing of Senior Secured Notes Offering 104 Cover page interactive data file (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 19, 2024 DELUXE CORPORATION By: /s/ Jeffrey L. Cotter Name: Jeffrey L. Cotter Title: Chief Administrative Officer, Senior Vice President and General Counsel