FSH Funding Company, LLC announces amendment of Tender Offer for 11% Senior Secured Notes due 2019

NEW YORK, Oct. 21, 2016 /PRNewswire/ -- FSH Funding Company, LLC ("FSH," "we" or "our"), an affiliate of JLL Partners, LLC, today announced that it is amending its offer to purchase (the "Tender Offer") up to $73,500,000 (the "maximum cash amount") of the $252,173,000 aggregate principal amount outstanding of 11% Senior Secured Notes due 2019 (the "Existing Notes") of ACE Cash Express, Inc. (the "Issuer"), plus accrued and unpaid interest on the Existing Notes from August 1, 2016, to but excluding, the settlement date, pursuant to the Confidential Offer to Purchase and Consent Solicitation Statement, dated September 27, 2016 (the "Original Offer to Purchase," and as amended by the amendment thereto dated October 21, 2016 (the "Amendment"), the "Confidential Offer to Purchase and Consent Solicitation Statement").

Pursuant to the Amendment, holders whose Existing Notes are validly tendered, not validly withdrawn, and accepted in the Tender Offer prior to the Expiration Time, as amended, will receive the Early Tender Premium of $50 per $1,000 even if such Existing Notes were not tendered prior to the Early Tender Time. Also pursuant to this Amendment, the definition of "Expiration Time" is amended to be 11:59 p.m., New York City time, on November 3, 2016. Holders who tendered at or prior to the Early Tender Time will not receive any additional consideration nor will they be entitled to withdraw their tenders. Holders that tender after the Early Tender Time (including holders that tender prior to the date hereof) will receive the same consideration as Holders that tendered prior to the Early Tender time (including the Early Tender Premium).

The table below sets forth the results of the Tender Offer, according to information provided by D.F King & Co., Inc., the information and exchange agent, as of 12:00 P.M. Eastern Time as of the date hereof:

The Tender Offer and Consent Solicitation is only being made, and copies of the Confidential Offering Memorandum and Consent Solicitation Statement, the Offer to Purchase and Consent Solicitation Statement and the related letters of transmittal and consent (as amended, together, the "Offering Documents"), will only be made available, to (1) "qualified institutional buyers" within the meaning of Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") or (2) non "U.S. persons" who are outside of the United States within the meaning of Regulation S under the Securities Act.  Holders may obtain copies of the Offering Documents from the information agent, D.F. King & Co., Inc., at (800) 431-9629 (toll-free) or (212) 269-5550 (for banks and brokers).

Holders who desire to tender their Existing Notes must fully complete and submit the related amended letter of transmittal and consent to the tender agent, D.F. King & Co., Inc., at or prior to the Expiration Time.

Holders are urged to carefully read the Offering Documents before making any decision with respect to the Tender Offer and Consent Solicitation. None of FSH, the Existing Notes Trustee, the information agent or the tender agent, or the affiliates of any of them, makes any recommendation as to whether holders should tender or refrain from tendering their Existing Notes.  Holders must make their own decision as to whether to tender Existing Notes and, if so, the principal amount of Existing Notes to tender and at what indicative offer price.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect FSH's current views with respect to future events, based on what it believes are reasonable assumptions. No assurance can be given, however, that these events will occur. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, among other things, market conditions.

SOURCE FSH Funding Company, LLC