8-KOther EventsExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Corporate Update (Jul 9, 2010)

Filed July 9, 2010For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) announced on July 8, 2010, the pricing of a significant private offering of senior unsecured notes. The offering comprises $600 million in notes due 2017 and $500 million in notes due 2020, totaling $1.1 billion in aggregate principal amount. This move indicates the company's strategy to raise substantial capital through debt financing. These notes are being offered to qualified institutional buyers and certain non-U.S. persons, consistent with Rule 144A and Regulation S of the Securities Act. The unregistered nature of the offering suggests that FIS is utilizing exemptions from standard registration requirements, which is common for large institutional placements. Investors should note that this offering is a material event as it impacts the company's capital structure and future debt obligations.

Key Highlights

  • 1FIS priced a private offering of $1.1 billion in senior unsecured notes.
  • 2The offering consists of $600 million in notes due 2017 and $500 million in notes due 2020.
  • 3The debt issuance is being conducted through a private placement under Rule 144A and Regulation S.
  • 4The notes are senior unsecured, meaning they are not backed by specific collateral.
  • 5This event signifies a substantial capital raise for FIS.
  • 6The offering is targeted at qualified institutional buyers and certain non-U.S. persons.
  • 7The notes are not registered under the Securities Act of 1933.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce the pricing of Fidelity National Information Services, Inc.'s private offering of senior unsecured notes, totaling $1.1 billion.

The offering includes $600 million aggregate principal amount of senior unsecured notes due 2017 and $500 million aggregate principal amount of senior unsecured notes due 2020.

The notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.

The offering is being conducted privately under exemptions like Rule 144A and Regulation S, which allows for the sale of securities to sophisticated investors without the extensive registration process required for a public offering. This is a common practice for large debt issuances by established companies.