Loan & DebtJun 23, 2026, 04:07 PM
Fiserv Issues €1B Senior Notes Due 2030 & 2034
AI Summary
Fiserv, Inc. completed a public offering of €1,000,000,000 in aggregate principal amount of senior notes. This includes €500,000,000 of 3.750% Senior Notes due 2030 and €500,000,000 of 4.250% Senior Notes due 2034. The notes were issued under an existing indenture and supplemental indentures, outlining terms for interest payments, maturity, optional redemption, and repurchase upon a change of control.
Key Highlights
- Fiserv issued €500,000,000 aggregate principal amount of 3.750% Senior Notes due 2030.
- Fiserv issued €500,000,000 aggregate principal amount of 4.250% Senior Notes due 2034.
- The 2030 Notes mature on October 15, 2030, with interest payable annually starting October 15, 2026.
- The 2034 Notes mature on June 23, 2034, with interest payable annually starting June 23, 2027.
- Company may redeem notes prior to par call dates at a price based on comparable government bond rate plus 20-25 basis points.
- Company may redeem notes on or after par call dates at 100% of principal amount plus accrued interest.
- Notes are subject to repurchase at 101% of principal amount upon a change of control triggering event.
Price Impact
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