Fidelity National Information Services Announces Plans To Refinance Credit Facilities
November 02 2006 - 5:54PM
PR Newswire (US)
JACKSONVILLE, Fla., Nov. 2 /PRNewswire-FirstCall/ -- Fidelity
National Information Services, Inc. (NYSE:FIS) announced today that
it has engaged J.P. Morgan Securities Inc., Banc of America
Securities LLC and Wachovia Securities LLC to act as lead arrangers
and joint bookrunners in connection with the refinancing of its
existing senior secured credit facilities, under which there is
currently $2.7 billion outstanding. The new $3.1 billion of
facilities will consist of a $1.0 billion 5-year unsecured
revolving credit facility and a $2.1 billion 5-year unsecured
amortizing term loan facility. About Fidelity National Information
Services, Inc. Fidelity National Information Services, Inc.
(NYSE:FIS) is a leading provider of core processing for financial
institutions; card issuer and transaction processing services;
mortgage loan processing and mortgage-related information products;
and outsourcing services to financial institutions, retailers,
mortgage lenders and real estate professionals. FIS has processing
and technology relationships with 35 of the top 50 global banks,
including nine of the top ten. Approximately 50 percent of all U.S.
residential mortgages are processed using FIS' Mortgage Servicing
Package, the company's flagship mortgage processing software.
Headquartered in Jacksonville, Florida, FIS maintains a strong
global presence, serving over 7,800 financial institutions in more
than 60 countries worldwide. For more information on Fidelity
National Information Services, please visit
http://www.fidelityinfoservices.com/. FIS is a majority-owned
subsidiary of Fidelity National Financial Inc. (NYSE:FNF), number
248 on the Fortune 500 and a provider of outsourced products and
services to a variety of industries. More information about FNF can
be found at http://www.fnf.com/. This press release contains
forward-looking statements that involve a number of risks and
uncertainties. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking
statements. Forward-looking statements are based on management's
beliefs, as well as assumptions made by, and information currently
available to, management. Because such statements are based on
expectations as to future economic performance and are not
statements of fact, actual results may differ materially from those
projected. We undertake no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to: changes
in general economic, business and political conditions and other
risks detailed in the "Statement Regarding Forward-Looking
Information," "Risk Factors" and other sections of the Company's
Form 10-K and other filings with the Securities and Exchange
Commission. DATASOURCE: Fidelity National Information Services
CONTACT: Michelle Kersch, Senior Vice President, Corporate
Communications, +1-904-854-5043, or , or Mary Waggoner, Senior Vice
President, Investor Relations, +1-904-854-3282, or , both of
Fidelity National Information Services Web site:
http://www.fidelityinfoservices.com/ http://www.fnf.com/
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