{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-025742","form_type":"8-K","ticker":"GPN","cik":"0001123360","company_name":"GLOBAL PAYMENTS INC","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.449307+00:00","generated_at":"2026-06-05T21:41:40.900625+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Global Payments prices $1.75B convertible notes at 1.5% due 2031, enters capped call transactions","bullets":["$1.75B aggregate principal of 1.50% convertible senior notes due 2031; initial purchasers have option for additional $250M.","Conversion rate 6.3710 shares per $1,000 principal (initial conversion price ~$156.96, 20% premium over $130.80 close).","Company uses $222.25M of proceeds for capped call transactions to reduce dilution, cap at $228.90/share.","Company will repurchase $185.1M of its common stock from note purchasers at $130.80/share.","Net proceeds ~$1.72B; remainder to repay commercial paper and revolving credit borrowings."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-025742","json":"https://secwatch.observer/filing/0001104659-24-025742.json","markdown":"https://secwatch.observer/filing/0001104659-24-025742.md","text":"https://secwatch.observer/filing/0001104659-24-025742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1123360/000110465924025742/0001104659-24-025742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1123360/000110465924025742/tm246044d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:41:40.900625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}