JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fidelity National Information Services, FIS™, (NYSE:FIS), a global leader in financial services technology, today announced the pricing of its multi-tranche offerings of senior notes denominated in Euro, Pounds sterling and U.S. dollars (collectively, the “Senior Notes”) as follows:
Euro senior notes:
- €500,000,000 principal amount of Floating Rate Senior Notes due 2021;
- €500,000,000 principal amount of 0.125% Senior Notes due 2021;
- €1,250,000,000 principal amount of 0.750% Senior Notes due 2023;
- €1,250,000,000 principal amount of 1.500% Senior Notes due 2027;
- €1,000,000,000 principal amount of 2.000% Senior Notes due 2030;
- €500,000,000 principal amount of 2.950% Senior Notes due 2039;
Pounds sterling senior notes:
- £625,000,000 principal amount of 2.602% Senior Notes due 2025;
- £625,000,000 principal amount of 3.360% Senior Notes due 2031; and
US dollar senior notes:
- $1,000,000,000 principal amount of 3.750% Senior Notes due 2029.
FIS intends to use the net proceeds from the Senior Notes offerings, together with commercial paper borrowings, to provide funds for the cash portion of the merger consideration for its pending merger with Worldpay, Inc. (“Worldpay”), the repayment of outstanding Worldpay debt and costs and expenses of the merger. Any remaining net proceeds would be used for general corporate purposes. Pending such uses, FIS may invest the net proceeds from the Senior Notes offerings temporarily in investment-grade securities, money-market funds, bank deposit accounts or similar short-term investments, or use such net proceeds to repay outstanding borrowings under its existing commercial paper program or revolving credit facility. The Senior Notes offerings are expected to close on May 21, 2019, subject to the satisfaction of customary closing conditions.
Barclays Bank PLC, Citigroup Global Markets Limited, Goldman Sachs & Co. LLC and J.P. Morgan Securities plc are joint book-running managers for the offering of the Euro- and Pounds sterling-denominated Senior Notes. Barclays Capital Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are joint book-running managers for the offering of the U.S. dollar-denominated Senior Notes. The offerings of the Senior Notes are made only by means of the applicable prospectus supplement and 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 Barclays Capital Inc., 745 Seventh Avenue, New York, New York 10019, at +1 (888) 603-5847; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: +1 (800) 831-9146; firstname.lastname@example.org; Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, at +1 (212)-902-1171; or J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, at +1 (212) 834-4533. The Senior Notes are being offered pursuant to an effective shelf registration statement filed with the SEC on July 1, 2016.
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.
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of its solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 47,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index.
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 offerings described herein are 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, 2018, FIS’ Form 10-Q for the quarterly period ended March 31, 2019 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.