8-KSecurities & ListingRegulation FDExhibits & Filings

FISERV INC 8-K Report, Listing Notice (Jul 5, 2023)

Filed July 5, 2023For Securities:FISV

Summary

Fiserv, Inc. (FISV) has announced a strategic move to transfer the listing of its senior notes from the Nasdaq Stock Market LLC to the New York Stock Exchange (NYSE). This change affects several tranches of senior notes, including those due in 2027, 2030, 2025, and 2031. The company expects the delisting from Nasdaq to occur around July 17, 2023, with trading on the NYSE commencing on or about July 18, 2023. This transfer is not indicative of any financial distress or delisting concerns; rather, it is a voluntary decision to optimize the listing venue for these debt instruments. Investors holding these notes should note the change in ticker symbols on the NYSE, which will be 'FI27', 'FI30', 'FI25', 'FI31', and 'FI31A' for the respective note maturities. The company has provided this information via a press release, which is attached as an exhibit to this filing.

Key Highlights

  • 1Fiserv is voluntarily transferring the listing of five series of its senior notes from Nasdaq to the NYSE.
  • 2The affected notes include those maturing in 2025, 2027, 2030, and 2031.
  • 3The transfer is expected to be effective on or about July 17-18, 2023.
  • 4New ticker symbols on the NYSE will be FI25, FI27, FI30, FI31, and FI31A.
  • 5This is a listing transfer and not a result of failing to meet listing standards.
  • 6The company has received authorization from its Board of Directors for this action.

Frequently Asked Questions

Fiserv is voluntarily transferring the listing of its senior notes to the NYSE as a strategic decision, likely to optimize trading and listing benefits for these debt instruments. This is not due to any failure to meet Nasdaq's listing requirements.

No, this is solely a change in the exchange where the notes are listed. The principal amount, interest rates, maturity dates, and other terms of the senior notes remain unchanged.

The new ticker symbols on the NYSE will be 'FI25' for the 2.250% Senior Notes due 2025, 'FI27' for the 1.125% Senior Notes due 2027, 'FI30' for the 1.625% Senior Notes due 2030, and 'FI31' and 'FI31A' for the two series of 3.000% and 4.500% Senior Notes due 2031.

Trading on Nasdaq is expected to cease at the close of trading on or about July 17, 2023. Trading on the NYSE is expected to begin at market open on or about July 18, 2023.