First Data Corporation announced that it intends to offer $785 million aggregate principal amount of senior unsecured notes due 2021 (the "Notes"), subject to market conditions. First Data intends to use the proceeds from the offering to repurchase any and all of its outstanding 10.55% PIK senior unsecured notes due 2015 and to pay related fees and expenses. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.