Summary
Fidelity National Information Services, Inc. (FIS) has filed an 8-K report detailing a significant financing event. On April 10, 2013, the company entered into an Underwriting Agreement to issue and sell $1.25 billion in aggregate principal amount of senior notes. This offering is comprised of $250 million of 2.000% Senior Notes due 2018 and $1 billion of 3.500% Senior Notes due 2023. The issuance and sale of these notes were completed on April 15, 2013, as reported under Item 2.03. The notes are guaranteed by certain subsidiaries of FIS. This transaction represents a material definitive agreement and the creation of direct financial obligations for FIS, indicating a strategic move to raise capital through long-term debt.
Key Highlights
- 1FIS completed a significant debt offering, raising a total of $1.25 billion.
- 2The offering consisted of two tranches: $250 million in 2.000% Senior Notes due 2018 and $1 billion in 3.500% Senior Notes due 2023.
- 3The debt issuance occurred on April 15, 2013, following an Underwriting Agreement signed on April 10, 2013.
- 4The notes are guaranteed by certain subsidiaries of FIS, indicating a broader corporate commitment.
- 5The offering was made under a Registration Statement on Form S-3ASR, filed earlier in March 2013.
- 6The filing includes various exhibits such as the Underwriting Agreement, Indentures, and legal opinions related to the notes.
Frequently Asked Questions
FIS raised a total of $1.25 billion in aggregate principal amount through the issuance of senior notes.
The offering included $250 million of 2.000% Senior Notes due 2018 and $1 billion of 3.500% Senior Notes due 2023.
While the specific use of proceeds is not detailed in this 8-K filing, such offerings are typically used to fund operations, acquisitions, refinance existing debt, or for general corporate purposes. Investors should refer to other company filings or press releases for specific details on the use of funds.
Yes, each of the notes is guaranteed by certain subsidiaries of FIS, as detailed in the filing.