secwatch / observer
8-K filed March 2, 2023, 6:59 PM ET ticker FISV CIK 0000798354
debt confidence high sentiment neutral materiality 0.50

FISERV INC (FISV): debt financing — Fiserv issues $1.8B in senior notes: $900M at 5.450% due 2028, $900M at 5.600% due 2033

FISERV INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

FISERV INC incurred senior notes of $900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028 and $900,000,000 aggregate principal amount with BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and U.S. Bancorp Investments, Inc. at 5.450% per year for 2028 Notes; 5.600% per year for 2033 Notes maturing March 2, 2028 for 2028 Notes; March 2, 2033 for 2033 Notes.

Instrument
senior notes
Principal
$900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028 and $900,000,000 aggregate principal amount
Counterparty
BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and U.S. Bancorp Investments, Inc.
Rate
5.450% per year for 2028 Notes; 5.600% per year for 2033 Notes
Maturity
March 2, 2028 for 2028 Notes; March 2, 2033 for 2033 Notes
Event
incurrence
Exact text from the filing
On March 2, 2023, Fiserv, Inc. (the "Company") completed the public offering and issuance of $900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028 (the "2028 Notes") and $900,000,000 aggregate principal amount of its 5.600% Senior Notes due 2033 (the "2033 Notes" and, together with the 2028 Notes, the "Notes").
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into a notes offering valued at $900,000,000 aggregate principal amount of its 5.600% Senior Notes due 2033 (effective 2023-03-02).

Action
entry
Agreement
notes offering
Value
$900,000,000 aggregate principal amount of its 5.600% Senior Notes due 2033
Effective
2023-03-02
Exact text from the filing
On March 2, 2023, Fiserv, Inc. (the “Company”) completed the public offering and issuance of $900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028 (the “2028 Notes”)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into a notes offering valued at $900,000,000 aggregate principal amount of its 5.600% Senior Notes due 2033 (effective 2023-03-02).

Action
entry
Agreement
notes offering
Value
$900,000,000 aggregate principal amount of its 5.600% Senior Notes due 2033
Effective
2023-03-02
Exact text from the filing
and $900,000,000 aggregate principal amount of its 5.600% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into Twenty-Eighth Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2023-03-02).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association, as trustee
Effective
2023-03-02
Exact text from the filing
(ii) a Twenty-Eighth Supplemental Indenture, establishing the terms and providing for the issuance of the 2033 Notes (the “2033 Notes Supplemental Indenture”), each dated as of March 2, 2023 and each by and between the Company and the Trustee.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into Twenty-Seventh Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2023-03-02).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association, as trustee
Effective
2023-03-02
Exact text from the filing
(i) a Twenty-Seventh Supplemental Indenture, establishing the terms and providing for the issuance of the 2028 Notes (the “2028 Notes Supplemental Indenture”) and (ii) a Twenty-Eighth Supplemental Indenture, establishing the terms and providing for the issuance of the 2033 Notes (the “2033 Notes Supplemental Indenture”), each dated as of March 2, 2023 and each by and between the Company and the Trustee.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters (effective 2023-02-27).

Action
entry
Agreement
underwriting
Counterparty
BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters
Effective
2023-02-27
Exact text from the filing
The Notes were sold pursuant to an Underwriting Agreement (the “Underwriting Agreement), dated as of February 27, 2023, between the Company and BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters listed therein.
View on SEC.gov

26 debt financings filed in the last 30 days. Browse all debt financings →

FISERV INC filing history →

Source: SEC EDGAR
accession 0001193125-23-058245
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