Third Quarter 2021 Earnings Report
Initial Public Offering
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Completed successful initial public offering of Informatica's Class A common stock with
commencement of trading on the New York Stock Exchange on October 27, 2021. The Company
issued a total of 33,350,000 shares of Class A common stock at $29.00 per share, inclusive of
the greenshoe, for a total of $967.2 million in gross proceeds and $915.7 million of net
proceeds.
■ As of September 30, 2021, prior to the completion of its initial public offering, the Company had
cash and cash equivalents of $417.0 million. In conjunction with the initial public offering, the
Company used $30.2 million of cash from the balance sheet and $915.7 million of net proceeds
from the initial public offering to refinance and retire outstanding borrowings under its Term
Loan Facilities.
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■ The Company's gross debt was reduced from $2.79 billion prior to the initial public offering to
$1.875 billion as of October 29, 2021. Proforma net of cash, cash equivalents, and short-term
investments totaling $422 million, pro forma Net Debt Leverage ratio as of September 30, 2021,
was 3.6x.
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Informatica. Proprietary.
InformaticaView entire presentation