FIS Finalizes €1 Billion Senior Notes Offering to Refinance Acquisition Debt

summarizeSummary

Fidelity National Information Services, Inc. finalized a €1 billion senior notes offering to refinance short-term debt related to its Issuer Solutions acquisition and commercial paper programs.

check_boxKey Events

• Finalized €1 Billion Senior Notes Offering

  The company is offering €500 million in floating rate senior notes due 2028 and €500 million in 3.450% fixed rate senior notes due 2030, totaling approximately $1.16 billion.

• Refinancing Acquisition Debt

  Net proceeds will be used to repay short-term indebtedness under the Term Loan Facility, which was incurred to finance the Issuer Solutions acquisition, and to repay existing commercial paper programs.

• Pricing and Terms Set

  The floating rate notes are priced at 100.000% with interest at three-month EURIBOR plus 0.85%, and the fixed rate notes are priced at 99.978% with a 3.450% annual interest rate.

• Part of Broader Debt Management

  This Euro-denominated offering is a specific component of a larger financing strategy, following a $6.8 billion U.S. dollar-denominated senior notes offering finalized on March 4, 2026, and a preliminary prospectus supplement filed on February 26, 2026.

auto_awesomeAnalysis

Fidelity National Information Services, Inc. has finalized the terms for a €1 billion (approximately $1.16 billion) senior notes offering. This offering, detailed in a final prospectus supplement, includes €500 million in floating rate notes due 2028 and €500 million in 3.450% fixed rate notes due 2030. The proceeds are earmarked to repay short-term indebtedness under the Term Loan Facility, which was incurred to finance the Issuer Solutions acquisition, and to repay outstanding commercial paper. This move is a significant step in the company's ongoing debt management strategy, converting short-term, variable-rate debt into longer-term, more stable financing. This filing provides concrete terms and pricing following a preliminary prospectus supplement filed on February 26, 2026, and complements a larger $6.8 billion senior notes offering finalized on March 4, 2026, which was for U.S. dollar-denominated notes.