8-K 1 t1600698_8k.htm FORM 8-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): March 9, 2016

 

 

 

Travelport Worldwide Limited
(Exact Name of Registrant As Specified In Its Charter)

 

 

 

Bermuda
(State or Other Jurisdiction
of Incorporation)

001-36640

(Commission File No.)

98-0505105
(IRS Employer
Identification No.)

 

Axis One, Axis Park

Langley, Berkshire, SL3 8AG,
United Kingdom

(Address of Principal Executive Offices, including Zip Code)

 

+44-1753-288-000
(Registrant’s telephone number, including area code)

 

Not applicable
(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

 

Item 8.01.  Other Events.

 

On March 9, 2016, Travelport Worldwide Limited (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Credit Suisse Securities (USA) LLC (the “Underwriter”) and certain selling shareholders named therein (the “Selling Shareholders”). Pursuant to the Underwriting Agreement, the Selling Shareholders agreed to sell 10,604,740 shares of the Company’s common shares, par value $0.0025 per share (the “Common Shares”) to the Underwriter at a price of $13.36 per share (the “Offering”).

 

The Underwriting Agreement contains customary representations, warranties, and covenants of the Company and the Selling Shareholders and also provides for customary indemnification by each of the Company, the Selling Shareholders, and the Underwriter against certain liabilities and customary contribution provisions in respect of those liabilities.

 

These representations and warranties of the parties contained in the Underwriting Agreement have been made solely for the benefit of the other party to the Underwriting Agreement and:

 

·should not be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;

 

·may have been qualified in the Underwriting Agreement by disclosures that were made to the other party in connection with the negotiation of the Underwriting Agreement;

 

·may apply contract standards of “materiality” that are different from “materiality” under the applicable securities laws; and

 

·were made only as of the date of the Underwriting Agreement or such other date or dates as may be specified in the Underwriting Agreement.

 

The sale of the Common Shares by the Selling Shareholders was made pursuant to the Company’s Registration Statement on Form S-3ASR (Registration No. 333-207803), including a final prospectus supplement dated March 9, 2016 to the prospectus contained therein dated November 4, 2015, filed by the Company with the Securities and Exchange Commission pursuant to Rule 424(b)(4) under the Securities Act of 1933, as amended.

 

The sale of the Common Shares closed on March 15, 2016.

 

The foregoing description of the Underwriting Agreement is qualified in its entirety by reference to the Underwriting Agreement, a copy of which is attached hereto as Exhibit 1.1 and incorporated herein by reference.

 

On March 9, 2016, the Company issued a press release announcing the launch of the Offering. A copy of the press release is being furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

 

On March 15, 2016, the Company issued a press release announcing the closing of the Offering. A copy of the press release is being furnished as Exhibit 99.2 hereto and is incorporated herein by reference.

 

 

 

 

Item 9.01.  Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit    
No.   Description of Document
     
1.1   Underwriting Agreement, dated March 9, 2016, by and among Travelport Worldwide Limited, certain shareholders named therein and Credit Suisse Securities (USA) LLC.
     
8.1   Tax Opinion of Conyers Dill & Pearman Limited.
     
8.2   Tax Opinion of Kirkland & Ellis LLP.
     
23.1   Consent of Conyers Dill & Pearman Limited (included in Exhibit 8.1).
     
23.2   Consent of Kirkland & Ellis LLP (included in Exhibit 8.2).
     
99.1   Launch press release dated March 9, 2016.
     
99.2   Closing press release dated March 15, 2016.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  TRAVELPORT WORLDWIDE LIMITED
   
  /s/ Rochelle J. Boas
 

Rochelle J. Boas

Senior Vice President and Secretary

 

Date: March 15, 2016

 

 

 

 

EXHIBIT INDEX

 

Exhibit    
No.   Description of Document
     
1.1   Underwriting Agreement, dated March 9, 2016, by and among Travelport Worldwide Limited, certain shareholders named therein and Credit Suisse Securities (USA) LLC.
     
8.1   Tax Opinion of Conyers Dill & Pearman Limited.
     
8.2   Tax Opinion of Kirkland & Ellis LLP.
     
23.1   Consent of Conyers Dill & Pearman Limited (included in Exhibit 8.1).
     
23.2   Consent of Kirkland & Ellis LLP (included in Exhibit 8.2).
     
99.1   Launch press release dated March 9, 2016.
     
99.2   Closing press release dated March 15, 2016.