FIDELITY NATIONAL INFORMATION SERVICES, INC.

(FIS)
  Report
Delayed Nyse  -  04:03 2022-08-12 pm EDT
102.12 USD   +1.60%
08/12INSIDER SELL : Fidelity National Financial
MT
08/10INSIDER SELL : Fidelity National Information Services
MT
08/10WALL STREET STOCK EXCHANGE : What a relief!
MS
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

FIS Announces Pricing of Senior Notes Offering

07/06/2022 | 05:43pm EDT

FIS® (NYSE: FIS), a global leader in financial services technology, today announced the pricing of its multi-tranche offering of senior notes denominated in U.S. dollars (the “Senior Notes”) as follows:

  • $750,000,000 4.500% Senior Notes due 2025;
  • $500,000,000 4.700% Senior Notes due 2027;
  • $750,000,000 5.100% Senior Notes due 2032; and
  • $500,000,000 5.625% Senior Notes due 2052.

FIS intends to use the net proceeds from the Senior Notes offering for the repayment of debt under its commercial paper programs, with any remaining proceeds to be used for general corporate purposes. The Senior Notes offering is expected to close on July 13, 2022, subject to the satisfaction of customary closing conditions.

J.P. Morgan Securities LLC, BofA Securities, Inc., MUFG Securities Americas Inc. and Wells Fargo Securities, LLC are joint book-running managers for the Senior Notes offering. The Senior Notes offering is being made only by means of the applicable prospectus supplement and the accompanying prospectus. You may obtain copies of these documents without charge from the Securities and Exchange Commission (the “SEC”). Alternatively, you may request these documents by calling J.P. Morgan Securities LLC at +1 (212) 834-4533; BofA Securities, Inc. at +1 (800) 294-1322; MUFG Securities Americas Inc. at +1 (877) 649-6848; or Wells Fargo Securities, LLC at +1 (800) 645-3751.The Senior Notes are being offered pursuant to an effective shelf registration statement filed with the SEC on June 21, 2022.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Senior Notes, nor will there be any sale of the Senior Notes in any jurisdiction in which such offer, solicitation or sale is not authorized or to any person to whom it is unlawful to make such offer, solicitation or sale. Any offer, solicitation or sale of the Senior Notes will be made only by means of the applicable prospectus supplement and the accompanying prospectus.

About FIS

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index.

Forward-looking Statements

This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future events and are not statements of fact, actual results may differ materially from those projected. FIS undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the risk that the offering described herein is not completed, the risk that the proceeds are not able to be used for the purposes stated as a result of unforeseen circumstances and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of FIS’ Form 10-K for the year ended December 31, 2021, FIS’ Form 10-Q for the quarterly period ended March 31, 2022 and FIS’ other filings with the SEC.

This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.


ę Business Wire 2022
All news about FIDELITY NATIONAL INFORMATION SERVICES, INC.
08/12INSIDER SELL : Fidelity National Financial
MT
08/10INSIDER SELL : Fidelity National Information Services
MT
08/10WALL STREET STOCK EXCHANGE : What a relief!
MS
08/10FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Acc..
BU
08/10ANALYST RECOMMENDATIONS : Target, Glencore, Fidelity National Information Services, Moody'..
MS
08/09ANZ New Zealand to move to FIS Modern Banking Platform
BU
08/09ANZ Bank New Zealand Ltd Selects FIS to Modernize its Core Banking Capabilities
CI
08/09Susquehanna Adjusts Fidelity National Information Services' Price Target to $160 from $..
MT
08/09New FIS Global Sustainability Report Highlights Progress in Reducing Environmental Impa..
BU
08/08BNP Paribas Exane Adjusts Price Target for Fidelity National Information Services to $1..
MT
More news
Analyst Recommendations on FIDELITY NATIONAL INFORMATION SERVICES, INC.
More recommendations
Financials (USD)
Sales 2022 14 695 M - -
Net income 2022 1 317 M - -
Net Debt 2022 16 191 M - -
P/E ratio 2022 48,3x
Yield 2022 1,84%
Capitalization 62 087 M 62 087 M -
EV / Sales 2022 5,33x
EV / Sales 2023 5,05x
Nbr of Employees 65 000
Free-Float 96,0%
Chart FIDELITY NATIONAL INFORMATION SERVICES, INC.
Duration : Period :
Fidelity National Information Services, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FIDELITY NATIONAL INFORMATION SERVICES, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Last Close Price 102,12 $
Average target price 124,60 $
Spread / Average Target 22,0%
EPS Revisions
Managers and Directors
Gary A. Norcross Chairman & Chief Executive Officer
Stephanie L. Ferris Chief Operating Officer
James W. Woodall Chief Financial Officer & Executive Vice President
Ido Gileadi Chief Operating Officer
Keith W. Hughes Independent Director
Sector and Competitors
1st jan.Capi. (M$)
FIDELITY NATIONAL INFORMATION SERVICES, INC.-6.44%62 087
INTUIT INC.-24.34%137 276
ADYEN N.V.-20.13%58 625
WORLDLINE-8.96%12 860
AFFIRM HOLDINGS, INC.-61.03%11 225
ROBINHOOD MARKETS, INC.-38.46%9 622