Fiserv Finalizes Terms for $2.75 Billion Senior Note Tender Offers
FISV is trading near its 52-week low of $47.04 (0.6% above the low).
Summary
Fiserv has announced the final pricing for its tender offers to repurchase $2.75 billion of outstanding senior notes, specifically the 5.150% notes due 2027 and 4.400% notes due 2049. This follows the company's initiation of these tender offers on June 16. The pricing finalizes the terms for a substantial debt management action, which will impact Fiserv's capital structure. The company expects to settle the offers and pay the consideration on June 26, 2026.
At the time of this announcement, FISV was trading at $47.30 on NASDAQ in the Finance sector, with a market capitalization of approximately $25.2B. The 52-week trading range was $47.04 to $177.36. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.