Fidelity National Information Services Plans Senior Notes Offering

MT Newswires Live

Feb 26

Fidelity National Information Services (FIS) said Thursday it plans to offer senior notes through multi-tranche issuance denominated in euros and US dollars.

Net proceeds will be used to repay short-term debt incurred in connection with acquisition of Global Payments' (GPN) Issuer Solutions business, with any remaining funds to repay borrowings under its existing commercial paper obligations, the company said.

Shares of Fidelity National Information Services were up 2.7% in recent Thursday trading.

Price: 50.25, Change: +1.18, Percent Change: +2.40

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