Black Knight Financial Services (BKFS) Prices 18M Common IPO at $24.50/Share

Black Knight Financial Services, Inc. (NYSE: BKFS) announced the pricing of its initial public offering of 18,000,000 shares of Class A common stock at a price to the public of $24.50 per share. The Company has granted the underwriters a 30-day option to purchase up to 2,700,000 additional shares at the initial public offering price less underwriting discount and commissions. The Company's Class A common stock is expected to begin trading on the New York Stock Exchange under the symbol "BKFS" on May 20, 2015. The offering is expected to close on May 26, 2015, subject to customary closing conditions.

*** The company was previously looking for an IPO price of $22 - $25 per share.

The net proceeds from the initial public offering will be used to repay a portion of the Company's outstanding debt, among other uses. Immediately following the initial public offering, the Company will refinance the remaining indebtedness under its mirror notes and intercompany notes with new senior secured credit facilities to significantly reduce its interest expense.

J.P. Morgan Securities LLC, BofA Merrill Lynch and Wells Fargo Securities, LLC are acting as active bookrunning managers for the offering. Goldman, Sachs & Co., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and SunTrust Robinson Humphrey, Inc. are acting as joint bookrunning managers for the offering. Dowling & Partners Securities, LLC, Keefe, Bruyette & Woods, Inc., Mizuho Securities USA Inc., Piper Jaffray & Co., and Stephens Inc. are acting as co-managers for the offering.

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