First Data in $2.2 Billion Debt Tender Offer and Consent Solicitation

October 29, 2007

Cleary Gottlieb represented a group of dealer managers and solicitation agents led by Citigroup Global Markets, Inc., in First Data Corporation’s successful $2.2 billion cash tender offer and consent solicitation, which launched August 3 and expired on September 24.

The tender offer and consent solicitation were conducted in connection with the acquisition of First Data by an affiliate of Kohlberg Kravis Roberts & Co. The purchase price for each series of notes was based on a fixed spread over U.S. Treasury security yields.

First Data is a leading provider of electronic commerce and payment solutions for businesses worldwide. With operations in 38 countries, First Data serves over 5 million merchant locations and 1,900 card issuers and their customers.