SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Apr. 10, 2012-- Wright Express Corporation (NYSE: WXS), a leading provider of value-based business payment processing and information management solutions, today announced that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC"). The registration statement is intended to provide the Company with flexibility to access the public capital markets in order to respond to financing and business opportunities in the future.
The S-3 allows Wright Express to offer and sell, from time to time, equity, debt or other types of securities, or combinations thereof. Specific terms and prices would be determined at the time of any offering under a separate prospectus supplement, which would be filed with the SEC at the time of the offering.
Michael Dubyak, Chairman, President and Chief Executive Officer, commented, "While we currently have no plans to issue securities, we believe this shelf registration provides us with additional financial flexibility to capitalize on business opportunities should the need arise in the future."
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state. Any offer of securities covered by the registration statement will be made solely by means of a prospectus included in the registration statement and a prospectus supplement with respect to such offering.
About Wright Express
Wright Express (NYSE:WXS) is a leading provider of value-based, business payment processing and information management solutions. The company's fleet, corporate and prepaid payment solutions provide its more than 350,000 customers with unparalleled security and control across a wide spectrum of business sectors. The company's operations include Wright Express Financial Services, Pacific Pride, Wright Express Prepaid Cards Australia and Wright Express Fuel Cards Australia. Wright Express and its subsidiaries employ more than 900 associates in six countries. For more information about Wright Express, please visit wrightexpress.com.
This press release contains forward-looking statements. Forward-looking statements include, but are not limited to, the expectations, plans and prospects for Wright Express, including Wright Express' future financing plans. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from predicted or expected results. These forward-looking statements are made only as of the date hereof, and Wright Express undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Wright Express Corporation
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