Business Context and Reporting Period
Company: Deluxe Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: December 4, 2002
Event: The Company announced an agreement to sell $300,000,000 principal amount of 5.00% Senior Notes due 2012.
Key Financial Metrics
Debt Issuance: $300,000,000 principal amount of 5.00% Senior Notes due 2012.
Underwriters: Goldman, Sachs & Co. and Credit Suisse First Boston.
Trustee: Wells Fargo Bank Minnesota, N.A.
Revenue, Profit, Cash Flow, Margins, Liquidity: The filing text does not provide a clear value for these operational metrics as this is a transaction-specific report.
Material Changes
This filing reports a material change in the Company's capital structure through the issuance of new long-term debt. The transaction was executed pursuant to an Underwriting Agreement and Pricing Agreement dated December 4, 2002, under a previously filed Registration Statement on Form S-3 (File No. 33-62041).
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the execution of the debt offering but does not include forward-looking guidance, outlook statements, or specific risk factors beyond the standard legal disclosures associated with the indenture and underwriting agreements.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the final closing date and net proceeds received from the $300 million note issuance.
- Review the First Supplemental Indenture (Exhibit 4.1) for specific covenants and restrictions.
- Confirm the use of proceeds as disclosed in the Registration Statement on Form S-3.
- Check subsequent filings for any changes to the Company's leverage ratios resulting from this debt.