NEW YORK--(BUSINESS WIRE)--Payment technology company First Data Corporation (NYSE: FDC) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “FDC,” after its initial public offering. First Data raised $2.5 billion in gross proceeds and is the largest U.S. IPO of the year. Barclays is the NYSE Designated Market Maker for the company’s stock.
Chairman and CEO Frank Bisignano, accompanied by members of First Data’s management committee, celebrated the company’s first day of trading by visiting the trading floor to witness the stock open.
“The NYSE is delighted to welcome First Data Corporation, a global leader in payment processing and the largest U.S. IPO of 2015, to our growing community of the world’s most innovative technology companies,” said NYSE President Tom Farley. “We congratulate the First Data team on its IPO, and we are proud to mark this exciting new chapter for the company and their shareholders.”
“Today marks the start of an exciting new chapter for First Data,” said Frank Bisignano, Chairman and CEO of First Data. “We have undergone a major transformation in the past two years. We have built a client-centric business in which our primary focus is to help our clients grow their business. The initial public offering is another step in our transformation, and we appreciate the support we received from such a high quality group of new shareholders.”
Building upon four consecutive years of global leadership in capital raising, the NYSE continues to maintain its position as the venue of choice for technology IPOs in the U.S. since 2012. Year-to-date, NYSE IPOs have raised over $17 billion in combined proceeds, which is 64% of all proceeds raised from qualifying U.S. IPOs. This total includes $5.7 billion in combined proceeds raised from tech IPOs, which represents 79% of all capital raised from tech IPOs.
To access the First Data media kit, please visit www.firstdata.com/IPO.
About First Data Corporation:
First Data is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in 118 countries around the world. The company’s 23,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,300 transactions per second and $1.9 trillion per year.
About NYSE Group
NYSE Group is a wholly-owned subsidiary of Intercontinental Exchange (NYSE: ICE), operator of the leading global network of exchanges and clearing houses. NYSE Group operates multi-asset exchanges, and a range of related data products and technology services. The company’s equity exchanges - the New York Stock Exchange, NYSE MKT and NYSE Arca - trade more U.S. equity volume than any other exchange group. NYSE is the global leader in capital raising for listed companies, including the majority of technology IPOs globally since 2012. The company’s equity options markets, NYSE Arca Options and NYSE Amex Options offer complementary market models.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2014, as filed with the SEC on February 5, 2015.
SOURCE: Intercontinental Exchange