FISERV INC (FISV): debt financing — Fiserv closes $2B senior notes offering: $700M 5.375% due 2028, $1.3B 5.625% due 2033

FISERV INC

Issued $2B in two tranches: $700M 5.375% notes due 2028 and $1.3B 5.625% notes due 2033.
Interest payable semi-annually from Feb 2024; notes mature Aug 21, 2028 and Aug 21, 2033 respectively.
Notes redeemable at par after par call dates with make-whole premium prior (Treasury rate + 20-25 bps).
Change of control trigger requires repurchase at 101% of principal plus accrued interest.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FISERV INC incurred senior notes of $1,300,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 5.625% per year maturing 2033-08-21.

Instrument: senior notes
Principal: $1,300,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.625% per year
Maturity: 2033-08-21
Event: incurrence

Exact text from the filing

Fiserv, Inc. (the “Company”) completed the public offering and issuance of $700,000,000 aggregate principal amount of its 5.375% Senior Notes due 2028 (the “2028 Notes”) and $1,300,000,000 aggregate principal amount of its 5.625% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”). The Notes were issued under an Indenture (the

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FISERV INC incurred senior notes of $700,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 5.375% per year maturing 2028-08-21.

Instrument: senior notes
Principal: $700,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.375% per year
Maturity: 2028-08-21
Event: incurrence

Exact text from the filing

On August 21, 2023, Fiserv, Inc. (the “Company”) completed the public offering and issuance of $700,000,000 aggregate principal amount of its 5.375% Senior Notes due 2028 (the “2028 Notes”)

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into Thirtieth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $700,000,000 aggregate principal amount of its 5.375% Senior Notes due 2028 (effective 2023-08-21).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association
Value: $700,000,000 aggregate principal amount of its 5.375% Senior Notes due 2028
Effective: 2023-08-21

Exact text from the filing

on August 21, 2023, Fiserv, Inc. (the “Company”) completed the public offering and issuance of $700,000,000 aggregate principal amount of its 5.375% 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 Thirty-First Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $1,300,000,000 aggregate principal amount of its 5.625% Senior Notes due 2033 (effective 2023-08-21).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association
Value: $1,300,000,000 aggregate principal amount of its 5.625% Senior Notes due 2033
Effective: 2023-08-21

Exact text from the filing

The Notes were issued under an Indenture (the “Indenture”), dated as of November 20, 2007, between the Company and U.S. Bank Trust Company, National Association (f/k/a U.S. Bank National Association), as trustee (the “Trustee”), as supplemented by (i) a Thirtieth Supplemental Indenture, establishing the terms and providing for the issuance of the 2028 Notes (the “2028 Notes Supplemental Indenture”) and (ii) a Thirty-First Supplemental Indenture, establishing the terms and providing for the issuance of the 2033 Notes (the “2033 Notes Supplemental Indenture”), each dated as of August 21, 2023 and each by and between the Company and the Trustee.

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

FISERV INC filing history →

Source: SEC EDGAR

accession 0001193125-23-217069

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