secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity National Information Services, Inc. (FIS)
CIK:        0001136893
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001193125-25-113834
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIS signs $8B 364-day term loan to fund Issuer Solutions Business acquisition
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- Term loan facility of $8,000,000,000, matures 364 days after borrowing.
- Interest at Term SOFR + 0.10% + margin 1.00%-1.625% based on debt rating; margin increases 0.25% per quarter outstanding.
- Proceeds used to fund consideration for previously announced acquisition of the Issuer Solutions Business plus fees and expenses.
- Prior $8B bridge loan commitments from Goldman Sachs and Wells Fargo reduced to $0 and terminated.
- Covenants include maximum leverage ratio of 3.75 to 1.00 and mandatory prepayment from certain equity/debt issuances and asset sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136893/000119312525113834/0001193125-25-113834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136893/000119312525113834/d943613d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-113834

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