Published:
Cardtronics Successfully Completes Exchange of Senior Subordinated Notes
HOUSTON, July 18, 2008 (PRIME NEWSWIRE) -- Cardtronics, Inc. announced today that it successfully completed an offer to exchange all of its outstanding 9.250% Senior Subordinated Notes due 2013 - Series B that were issued on July 20, 2007 in a private offering (the "Existing Notes") for an equal amount of its 9.250% Senior Subordinated Notes due 2013 - Series B that have been registered under the Securities Act of 1933 (the "Exchange Notes"). Based on information provided by Wells Fargo, N.A., the exchange agent for the exchange offer, the company received tenders from holders of 100% of the outstanding amount of the Existing Notes.
The form and terms of the Exchange Notes are substantially the same as the form and terms of the Existing Notes for which they were exchanged, except that the transfer restrictions and the registration rights applicable to the Existing Notes do not apply to the Exchange Notes.
The exchange offer expired at midnight New York City time on July 16, 2008. The offer was made pursuant to the terms and conditions included in Cardtronics' prospectus dated June 17, 2008 and served to satisfy the company's obligations under a registration rights agreement entered into with the initial purchasers of the Existing Notes at the time they were originally issued.
About Cardtronics, Inc.
Headquartered in Houston, Texas, Cardtronics is the world's largest operator of ATMs. Cardtronics operates over 32,600 ATMs across its portfolio with ATMs in every major U.S. market, 2,350 ATMs throughout the United Kingdom, and 1,425 ATMs in Mexico. Major merchant-clients include 7-Eleven(r), Chevron(r), Costco(r), CVS(r)/pharmacy, Duane Reade(r), ExxonMobil(r), Rite Aid(r), Safeway(r), Sunoco(r), Target(r), and Walgreens(r). Complementing its ATM operations, Cardtronics works with financial institutions of all sizes to provide their customers with convenient cash access and deposit capabilities through ATM branding, surcharge free programs, and image deposit. Over 9,500 Cardtronics owned and operated ATMs currently feature bank brands. For more information, please visit the Company's website at www.cardtronics.com.
The Cardtronics logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=991
CONTACT: Cardtronics, Inc.
Media Contact:
Joel Antonini, Vice President Marketing
281-552-1131
joel.antonini@cardtronics.com
Investor Contact:
Chris Brewster, Chief Financial Officer
281-892-0128
cbrewster@cardtronics.com
Tags: Banking and Finance, Computers and Electronics
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