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; prospectus@citi.com;
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.
About FIS
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.
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 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.
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