Deluxe Corp S-3ASR, filed May 13, 2022

Deluxe Corp (DLX)

S-3ASR 2022-05-13

View Original

Added on October 16, 2026

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →

	MN			41-0216800
	(State or other jurisdiction of incorporation or organization)			(I.R.S. Employer Identification No.)

Large accelerated filer	☒	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

	Page
ABOUT THIS PROSPECTUS		1
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS		2
RISK FACTORS		2
WHERE YOU CAN FIND MORE INFORMATION		2
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE		3
OUR COMPANY		4
USE OF PROCEEDS		4
DESCRIPTION OF THE COMMON STOCK		5
DESCRIPTION OF THE DEBT SECURITIES		7
DESCRIPTION OF GUARANTEES		15
DESCRIPTION OF THE WARRANTS		16
DESCRIPTION OF THE UNITS		18
DESCRIPTION OF THE RIGHTS		20
HEDGING IN CONNECTION WITH DISTRIBUTIONS		20
PLAN OF DISTRIBUTION		21
VALIDITY OF THE SECURITIES		22
EXPERTS		22

SEC registration fee	$	(1)
FINRA fees	$	(2)
Trustee’s fees	$	(2)
Printing expenses	$	(2)
Rating agency fees	$	(2)
Accounting fees and expenses	$	(2)
Legal fees and expenses	$	(2)
Blue Sky fees and expenses	$	(2)
Miscellaneous	$	(2)
Total	$	(2)

Exhibit Number	Description of Exhibit	The filings referenced for incorporation by reference are Company (Deluxe Corporation) filings (File No. 001-07945)
1.1	Form of Underwriting Agreement*
3.1	Amended and Restated Articles of Incorporation	September 30, 2010 Form 10-Q, Exhibit 3.1
3.2	Bylaws, as amended on August 21, 2019	August 27, 2019 Form 8-K, Exhibit 3.1
4.1	Form of Indenture
4.2	Form of Warrant Agreement*
4.3	Form of Unit Agreement, including form of unit certificate*
4.4	Form of Rights Agreement, including form of unit certificate*
5.1	Opinion of Jeffrey L. Cotter
5.2	Opinion of Troutman Pepper Hamilton Sanders LLP
23.1	Consent of Independent Registered Public Accounting Firm for Deluxe Corporation
23.2	Consent of Independent Auditors for FAPS Holdings, Inc.
23.3	Consent of Jeffrey L. Cotter (included in Exhibit 5.1)
23.4	Consent of Troutman Pepper Hamilton Sanders LLP (included in Exhibit 5.2)
25.1	Statement of Eligibility and Qualification on Form T-1 of the trustee under the Indenture pursuant to the Trust Indenture Act of 1939
107	Filing Fee Table

NAME	POSITION	DATE
/s/ Barry C, McCarthy Barry C. McCarthy	President and Chief Executive Officer	May 13, 2022
/s/ Scott C, Bomar Scott C. Bomar	Senior Vice President and Chief Financial Officer	May 13, 2022
/s/ Chad P. Kurth Chad P. Kurth	Vice President and Chief Accounting Officer	May 13, 2022
/s/ William C. Cobb William C. Cobb	Director	May 13, 2022
/s/ Paul R. Garcia Paul R. Garcia	Director	May 13, 2022
/s/ Don J. McGrath Don J. McGrath	Director	May 13, 2022
/s/ Cheryl Mayberry McKissack Cheryl Mayberry McKissack	Director	May 13, 2022

		Page

Article 1 Definitions and Incorporation by Reference			1

Section 1.01.	Definitions		1
Section 1.02.	Other Definitions		5
Section 1.03.	Incorporation by Reference of Trust Indenture Act		5
Section 1.04.	Rules of Construction		5

Article 2 The Securities			6

Section 2.01.	Issuable in Series		6
Section 2.02.	Establishment of Form and Terms of Series of Securities		6
Section 2.03.	Execution and Authentication		8
Section 2.04.	Registrar and Paying Agent		10
Section 2.05.	Paying Agent to Hold Money in Trust		10
Section 2.06.	Securityholder Lists		10
Section 2.07.	Transfer and Exchange		10
Section 2.08.	Mutilated, Destroyed, Lost and Stolen Securities		11
Section 2.09.	Outstanding Securities		11
Section 2.10.	Treasury Securities		12
Section 2.11.	Temporary Securities		12
Section 2.12.	Cancellation		12
Section 2.13.	Payment of Interest; Computation of Interest		12
Section 2.14.	Defaulted Interest		13
Section 2.15.	Global Securities		13
Section 2.16.	Persons Deemed Owners		14
Section 2.17.	CUSIP and ISIN Numbers		14

Article 3 Redemption			15

Section 3.01.	Applicability of Article		15
Section 3.02.	Notice to Trustee		15
Section 3.03.	Selection of Securities to be Redeemed		15
Section 3.04.	Notice of Redemption		15
Section 3.05.	Effect of Notice of Redemption		16
Section 3.06.	Deposit of Redemption Price		16
Section 3.07.	Securities Redeemed in Part		16

Article 4 Covenants			17

Section 4.01.	Payment of Principal and Interest		17
Section 4.02.	SEC Reports		17
Section 4.03.	Compliance Certificate		17
Section 4.04.	Stay, Extension and Usury Laws		18
Section 4.05.	Existence		18

Article 5 Successors			18

Section 5.01.	When Company May Merge, Etc.		18
Section 5.02.	Successor Person Substituted		19

Article 6 Defaults and Remedies		19

Section 6.01.	Events of Default	19
Section 6.02.	Acceleration of Maturity; Rescission and Annulment	20
Section 6.03.	Collection of Indebtedness and Suits for Enforcement by Trustee	20
Section 6.04.	Trustee May File Proofs of Claim	21
Section 6.05.	Trustee May Enforce Claims Without Possession of Securities	22
Section 6.06.	Application of Money Collected	22
Section 6.07.	Limitation on Suits	22
Section 6.08.	Unconditional Right of Holders to Receive Principal and Interest	23
Section 6.09.	Restoration of Rights and Remedies	23
Section 6.10.	Rights and Remedies Cumulative	23
Section 6.11.	Delay or Omission Not Waiver	23
Section 6.12.	Control by Holders	23
Section 6.13.	Waiver of Past Defaults	24
Section 6.14.	Undertaking for Costs	24

Article 7 Trustee		24

Section 7.01.	Duties and Responsibilities of the Trustee	24
Section 7.02.	Rights of Trustee	25
Section 7.03.	Individual Rights of Trustee	27
Section 7.04.	Trustee’s Disclaimer	27
Section 7.05.	Notice of Defaults	27
Section 7.06.	Compensation and Indemnity	27
Section 7.07.	Disqualification; Conflicting Interests	28
Section 7.08.	Replacement of Trustee	28
Section 7.09.	Successor Trustee by Merger, Etc.	29
Section 7.10.	Eligibility; Disqualification	29
Section 7.11.	Preferential Collection of Claims Against Company	29

Article 8 Satisfaction and Discharge; Defeasance		29

Section 8.01.	Satisfaction and Discharge of Indenture	29
Section 8.02.	Application of Trust Funds; Indemnification	30
Section 8.03.	Legal Defeasance of Securities of any Series	31
Section 8.04.	Covenant Defeasance	33
Section 8.05.	Repayment to Company	33
Section 8.06.	Reinstatement	34
Section 8.07.	Release of Other Obligations	34

Article 9 Amendments and Waivers		34

Section 9.01.	Without Consent of Holders	34
Section 9.02.	With Consent of Holders	36
Section 9.03.	Limitations	36
Section 9.04.	Compliance with Trust Indenture Act	37
Section 9.05.	Revocation and Effect of Consents	37
Section 9.06.	Notation on or Exchange of Securities	38
Section 9.07.	Trustee Protected	38

Article 10 Miscellaneous		38

Section 10.01.	Trust Indenture Act Controls	38
Section 10.02.	Notices	38
Section 10.03.	Communication by Holders with Other Holders	39
Section 10.04.	Certificate and Opinion as to Conditions Precedent	39
Section 10.05.	Statements Required in Certificate or Opinion	39

Section 10.06.	Rules by Trustee and Agents	40
Section 10.07.	Legal Holidays	40
Section 10.08.	No Recourse Against Others	40
Section 10.09.	Counterparts	40
Section 10.10.	Governing Law; Waiver of Jury Trial; Submission to Jurisdiction; Waiver of Immunity	40
Section 10.11.	No Adverse Interpretation of Other Agreements	41
Section 10.12.	Successors	41
Section 10.13.	Severability	41
Section 10.14.	Table of Contents, Headings, Etc.	41
Section 10.15.	Securities in a Composite Currency, Currency Unit or Foreign Currency	41
Section 10.16.	Force Majeure	42
Section 10.17.	U.S.A. Patriot Act	42
Section 10.18.	Withholdings and Deductions	42

TIA Provision		Indenture Section
§
310	(a)(1)	7.10
	(a)(2)	7.10
	(a)(3)	Not Applicable
	(a)(4)	Not Applicable
	(a)(5)	7.10
	(b)	7.10

§
311	(a)	7.11
	(b)	7.11

§
312	(a)	2.06
	(b)	10.03
	(c)	10.03

§
314	(a)	4.02, 10.05
	(b)	Not Applicable
	(c)(1)	10.04
	(c)(2)	10.04
	(c)(3)	Not Applicable
	(d)	Not Applicable
	(e)	10.05
	(f)	Not Applicable

§
315	(a)	7.01
	(b)	7.05
	(c)	7.01
	(d)	7.01
	(e)	6.14

§
316	(a)	2.10
	(a)(1)(A)	6.12
	(a)(1)(B)	6.13
	(b)	6.08

§
317	(a)(1)	6.03
	(a)(2)	6.04
	(b)	2.05

§
318	(a)	10.01

Term	Section
Bankruptcy Law		6.01
covenant defeasance		8.04
Custodian		6.01
EDGAR		4.02
Event of Default		6.01
legal defeasance		8.03
mandatory sinking fund payment		11.01
Market Exchange Rate		10.15
Paying Agent		2.04
Registrar		2.04
Specified Courts		10.10
successor person		5.01

	DELUXE CORPORATION

	By:
	Name:
	Title:

	U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
	as Trustee

	By:
	Name:
	Title:

		Very truly yours,

	By:	/s/ Jeffrey L. Cotter
		Jeffrey L. Cotter, Esq.
		General Counsel
		Deluxe Corporation

Troutman Pepper Hamilton Sanders LLP
600 Peachtree Street NE, Suite 3000
Atlanta, GA 30308-2216

troutman.com


D 404.885.3000
F 404.885.3900

800 Nicollet Mall
Minneapolis, Minnesota	55402
(Address of principal executive offices)	(Zip Code)

Minnesota	41-0216800
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

801 S. Marquette Ave.	55402-2807
Minneapolis
(Address of Principal Executive Offices)	(Zip Code)

/s/ Jeffrey T. Grubb
Jeffrey T. Grubb

/s/ Robert D. Sznewajs
Robert D. Sznewajs

/s/ Dwight V. Board
Dwight V. Board

/s/ P.K. Chatterjee
P.K. Chatterjee

/s/ Robert Lane
Robert Lane

Dated: May 13, 2022

	By:	/s/ Benjamin J. Krueger
		Benjamin J. Krueger
		Vice President

	12/31/2021
Assets
Cash and Balances Due From Depository Institutions	$	21,114
Securities		0
Federal Funds		0
Loans & Lease Financing Receivables		0
Fixed Assets		0
Intangible Assets		0
Other Assets		402
Total Assets	$	21,516

Liabilities
Deposits	$	0
Fed Funds		0
Treasury Demand Notes		0
Trading Liabilities		0
Other Borrowed Money		0
Acceptances		0
Subordinated Notes and Debentures		0
Other Liabilities		43
Total Liabilities	$	43

Equity
Common and Preferred Stock		200
Surplus		800
Undivided Profits		20,473
Minority Interest in Subsidiaries		0
Total Equity Capital	$	21,473

Total Liabilities and Equity Capital	$	21,516