Visa Inc. Files Registration Statement with SEC for Proposed Initial Public Offering

10/11/2007 00:25



PR Newswire



SAN FRANCISCO, November 9 /PRNewswire/ --
Visa Inc. announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its class A common stock.

J.P. Morgan Securities Inc., Goldman, Sachs & Co., Banc of America Securities LLC, Citi, HSBC Securities (USA) Inc., Merrill Lynch & Co., UBS Investment Bank and Wachovia Securities are acting as joint bookrunners with respect to the offering.

A copy of the preliminary prospectus relating to the offering may be obtained for free, when available, by visiting the SEC Web site at www.sec.gov. Alternatively, you may obtain a copy of the preliminary prospectus, when available, by contacting:


-- J.P. Morgan Securities Inc., National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, telephone +1-718-242-8002, facsimile +1-718-242-8003

-- Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, NY 10004, facsimile +1-212-902-9316, e-mail prospectus-ny@ny.email.gs.com.

-- Banc of America Securities LLC, 100 W. 33rd Street, 3rd Floor, New York, NY 10001, telephone +1-646-733-4166, e-mail dg.prospectus_distribution@bofasecurities.com

-- Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, telephone +1-718-765-6732

-- HSBC Securities (USA) Inc., Equity Syndicate Desk, 452 Fifth Ave., 3rd Floor, New York, NY 10018, telephone +1-212-525-5000

-- Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 4 World Financial Center, 5th Floor, New York, NY 10080, telephone +1-212-449-1000

-- UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171, telephone +1-212-821-3884

-- Wachovia Securities, 375 Park Avenue, New York, NY 10152, e-mail equity.syndicate@wachovia.com

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy class A common stock of Visa Inc., 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.

About Visa: Visa operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries.

Contact: Paul Cohen, Visa Inc., Tel: +1-415-932-2166,
e-mail: pcohen@visa.com
Michael Buckley, Brunswick Group LLC, Tel: +1-415-293-8461, e-mail: mbuckley@brunswickgroup.com
Web site: http://www.visa.com

Paul Cohen of Visa Inc., +1-415-932-2166, pcohen@visa.com, or Michael Buckley of Brunswick Group LLC for Visa Inc., +1-415-293-8461, mbuckley@brunswickgroup.com