8-KOther Events

Fidelity National Information Services, Inc. 8-K Report (Sep 4, 2003)

Filed September 4, 2003For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) filed an 8-K on September 4, 2003, reporting an important financing event for its subsidiary, Certegy Inc. Certegy announced its intention to issue $200 million in aggregate principal amount of unsecured 4.75% notes due 2008 through a private placement. These notes are intended to yield approximately 4.82% and are being issued without registration under the Securities Act of 1933, relying on exemptions for private placements. This issuance signifies Certegy's strategic move to secure significant debt financing. Investors should note that this is an unsecured debt offering, meaning it is not backed by specific company assets, and the private placement nature implies that these securities will not be readily available to the general public without meeting specific regulatory requirements. The filing details the terms of the proposed debt and attaches the press release announcing this development.

Key Highlights

  • 1Certegy Inc. plans to issue $200 million in unsecured 4.75% notes due 2008.
  • 2The notes will be issued through a private placement with an approximate yield of 4.82%.
  • 3The debt issuance is unsecured, meaning it is not backed by specific collateral.
  • 4The securities are being issued in a private placement and are not registered under the Securities Act of 1933.
  • 5The filing includes a press release from September 4, 2003, detailing the proposed note issuance.
  • 6No acquired businesses or pro forma financial information is being reported in this filing.

Frequently Asked Questions

This 8-K filing by Certegy Inc. (a subsidiary of FIS) serves to announce a significant financing event: the intention to issue $200 million of unsecured notes due 2008 through a private placement. It also includes the press release detailing this announcement.

Certegy Inc. intends to issue $200 million in aggregate principal amount of unsecured 4.75% notes. These notes will mature in 2008 and are priced to yield approximately 4.82%. The issuance is structured as a private placement.

The notes are being issued in a private placement, which typically relies on exemptions from the registration requirements of the Securities Act of 1933. This means they are not being offered to the general public and are subject to specific conditions for sale to qualified investors.

Unsecured means that these notes are not backed by any specific collateral or assets of Certegy Inc. The investors' repayment is based on the general creditworthiness of Certegy Inc. rather than on specific assets that could be seized in case of default.