FIS Announces Pricing of Senior Notes Offering
July 06 2022 - 5:42PM
Business Wire
FIS® (NYSE: FIS), a global leader in financial services
technology, today announced the pricing of its multi-tranche
offering of senior notes denominated in U.S. dollars (the “Senior
Notes”) as follows:
- $750,000,000 4.500% Senior Notes due 2025;
- $500,000,000 4.700% Senior Notes due 2027;
- $750,000,000 5.100% Senior Notes due 2032; and
- $500,000,000 5.625% Senior Notes due 2052.
FIS intends to use the net proceeds from the Senior Notes
offering for the repayment of debt under its commercial paper
programs, with any remaining proceeds to be used for general
corporate purposes. The Senior Notes offering is expected to close
on July 13, 2022, subject to the satisfaction of customary closing
conditions.
J.P. Morgan Securities LLC, BofA Securities, Inc., MUFG
Securities Americas Inc. and Wells Fargo Securities, LLC are joint
book-running managers for the Senior Notes offering. The Senior
Notes offering is being made only by means of the applicable
prospectus supplement and the accompanying prospectus. You may
obtain copies of these documents without charge from the Securities
and Exchange Commission (the “SEC”). Alternatively, you may request
these documents by calling J.P. Morgan Securities LLC at +1 (212)
834-4533; BofA Securities, Inc. at +1 (800) 294-1322; MUFG
Securities Americas Inc. at +1 (877) 649-6848; or Wells Fargo
Securities, LLC at +1 (800) 645-3751.The Senior Notes are being
offered pursuant to an effective shelf registration statement filed
with the SEC on June 21, 2022.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the Senior Notes, nor will
there be any sale of the Senior Notes in any jurisdiction in which
such offer, solicitation or sale is not authorized or to any person
to whom it is unlawful to make such offer, solicitation or sale.
Any offer, solicitation or sale of the Senior Notes will be made
only by means of the applicable prospectus supplement and the
accompanying prospectus.
About FIS
FIS is a leading provider of technology solutions for financial
institutions and businesses of all sizes and across any industry
globally. We enable the movement of commerce by unlocking the
financial technology that powers the world’s economy. Our employees
are dedicated to advancing the way the world pays, banks and
invests through our trusted innovation, system performance and
flexible architecture. We help our clients use technology in
innovative ways to solve business-critical challenges and deliver
superior experiences for their customers. Headquartered in
Jacksonville, Florida, FIS is a member of the Fortune 500® and the
Standard & Poor’s 500® Index.
Forward-looking Statements
This news 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 events and are not statements of fact, actual results may
differ materially from those projected. FIS undertakes no
obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to, the risk
that the offering described herein is not completed, the risk that
the proceeds are not able to be used for the purposes stated as a
result of unforeseen circumstances and other risks detailed in the
“Statement Regarding Forward-Looking Information,” “Risk Factors”
and other sections of FIS’ Form 10-K for the year ended December
31, 2021, FIS’ Form 10-Q for the quarterly period ended March 31,
2022 and FIS’ other filings with the SEC.
This document shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220706005877/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com or Nathan
Rozof, CFA, 904.438.6918 Executive Vice President FIS Corporate
Finance and Investor Relations nathan.rozof@fisglobal.com
Fidelity National Inform... (NYSE:FIS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fidelity National Inform... (NYSE:FIS)
Historical Stock Chart
From Apr 2023 to Apr 2024