Fidelity National Information Services Finalizes €1 Billion Senior Notes Offering

summarizeSummary

Fidelity National Information Services, Inc. has finalized the terms for a €1 billion offering of senior notes, consisting of floating and fixed-rate tranches, to repay short-term debt.

check_boxKey Events

• Offering Finalized

  Fidelity National Information Services, Inc. finalized a €1 billion offering of senior notes.

• Debt Structure

  The offering includes €500 million in floating rate notes due 2028 and €500 million in 3.450% fixed rate notes due 2030.

• Use of Proceeds

  Net proceeds will be used to repay short-term debt incurred for the Global Payments' Issuer Solutions acquisition and existing commercial paper programs.

• Pricing Details

  The floating rate notes were priced at 100.000% of principal, and the fixed rate notes at 99.978% of principal.

auto_awesomeAnalysis

This Free Writing Prospectus finalizes the terms and pricing for the previously announced €1 billion senior notes offering. The proceeds will be used to repay short-term indebtedness related to the acquisition of Global Payments' Issuer Solutions business and outstanding commercial paper. This debt issuance, while substantial, is a strategic move to manage the company's debt structure by converting short-term obligations into longer-term financing, enhancing financial stability.