Loan & DebtJun 16, 2026, 03:15 AM
Fiserv Commences Tender Offers for $2.75B Senior Notes
AI Summary
Fiserv, Inc. announced the commencement of tender offers to purchase for cash any and all of its outstanding senior notes. The offers target $750 million of 5.150% Senior Notes due 2027 and $2 billion of 4.400% Senior Notes due 2049, totaling $2.75 billion. The offers are set to expire on June 23, 2026, with an expected settlement date of June 26, 2026, and are conditioned upon the receipt of proceeds from a new euro-denominated senior notes offering.
Key Highlights
- Fiserv commenced tender offers to purchase for cash any and all of its outstanding senior notes.
- The offers target 5.150% Senior Notes due 2027 with $750,000,000 principal amount outstanding.
- The offers also target 4.400% Senior Notes due 2049 with $2,000,000,000 principal amount outstanding.
- The total principal amount outstanding for the notes is $2.75 billion.
- The tender offers will expire at 5:00 p.m. New York City time on June 23, 2026.
- The settlement date for accepted notes is expected to be June 26, 2026.
- The obligation to purchase notes is conditioned on the receipt of proceeds from a new euro-denominated senior notes offering.
Price Impact
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