Black Knight Financial Services, Inc. Announces Closing of Initial Public Offering

May 26, 2015, 16:41 ET from Black Knight Financial Services

JACKSONVILLE, Fla., May 26, 2015 /PRNewswire/ -- Black Knight Financial Services, Inc. (NYSE: BKFS) announced today the closing of its initial public offering of 20,700,000 shares of Class A common stock at a price to the public of $24.50 per share, which included 2,700,000 shares of Class A common stock issued upon the exercise in full of the underwriters' option to purchase additional shares. All of the shares were offered by Black Knight Financial Services. The Company received approximately $479.3 million in proceeds from the offering, net of underwriting fees, but before estimated offering expenses.

J.P. Morgan Securities LLC, BofA Merrill Lynch and Wells Fargo Securities, LLC acted as active bookrunning managers for the offering. Goldman, Sachs & Co., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and SunTrust Robinson Humphrey, Inc. acted as joint bookrunning managers for the offering. Dowling & Partners Securities, LLC, Keefe, Bruyette & Woods, Inc., Mizuho Securities USA Inc., Piper Jaffray & Co., and Stephens Inc. acted as co-managers for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission. The offering was made only by means of a prospectus. A copy of the final prospectus relating to these securities has been filed with the SEC and may be obtained by contacting J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 866-803-9204; BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038 or by email at dg.prospectus_requests@baml.com; or Wells Fargo Securities, c/o Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by emailing cmclientsupport@wellsfargo.com, or by calling 1-800-326-5897.

This news release shall not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Black Knight Financial Services, Inc. Black Knight Financial Services, Inc. (NYSE: BKFS) is the mortgage and finance industries' leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.

Black Knight Financial Services is committed to being the premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership.

SOURCE Black Knight Financial Services



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