Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
GLOBAL PAYMENTS INC incurred convertible notes of $2.00 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 1.50% per year maturing March 1, 2031.
- Instrument
- convertible notes
- Principal
- $2.00 billion aggregate principal amount
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 1.50% per year
- Maturity
- March 1, 2031
- Event
- incurrence
Exact text from the filing
On February 23, 2024 (the “Closing Date”), Global Payments Inc. (the “Company”) closed its private offering (the “Convertible Senior Notes Offering”) of $2.00 billion aggregate principal amount of its 1.50% Convertible Senior Notes due 2031 (the “Notes”), which amount includes the exercise in full of the $250 million option granted to the initial purchasers of the Notes, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
GLOBAL PAYMENTS INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $2.00 billion aggregate principal amount (effective 2024-02-23).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $2.00 billion aggregate principal amount
- Effective
- 2024-02-23
Exact text from the filing
On February 23, 2024 (the “Closing Date”), Global Payments Inc. (the “Company”) closed its private offering (the “Convertible Senior Notes Offering”) of $2.00 billion aggregate principal amount of its 1.50% Convertible Senior Notes due 2031 (the “Notes”)
View on SEC.gov