Loan & DebtJun 16, 2026, 06:07 AM
Fiserv Launches Tender Offer for $2.75B Senior Notes
AI Summary
Fiserv, Inc. has commenced a cash tender offer to repurchase any and all of its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049. The total principal amount of notes targeted is $2.75 billion. The completion of the offer is contingent upon the company receiving proceeds from a new offering of euro-denominated senior notes, aiming to optimize its debt structure.
Key Highlights
- Fiserv launched a tender offer to purchase its 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049.
- The offer targets $750,000,000 of 5.150% Senior Notes due 2027.
- The offer targets $2,000,000,000 of 4.400% Senior Notes due 2049.
- Total principal amount of notes outstanding in the offer is $2.75 billion.
- The tender offer expires on June 23, 2026, at 5:00 p.m. New York City time.
- Settlement for accepted notes is expected on June 26, 2026.
- The offer is conditioned on proceeds from a new euro-denominated senior notes offering.
Price Impact
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