Attached files
file | filename |
---|---|
8-K - FORM 8-K - Fidelity National Information Services, Inc. | g24071e8vk.htm |
EX-4.1 - EX-4.1 - Fidelity National Information Services, Inc. | g24071exv4w1.htm |
EX-4.2 - EX-4.2 - Fidelity National Information Services, Inc. | g24071exv4w2.htm |
EX-10.1 - EX-10.1 - Fidelity National Information Services, Inc. | g24071exv10w1.htm |
Exhibit 99.1

News Release
FIS Closes Private Offering of $1.1 Billion of Senior Notes and $1.5
Billion Term Loan B
Billion Term Loan B
JACKSONVILLE, Fla., July 16, 2010 FIS (FIS) (NYSE: FIS), one of the worlds largest
providers of banking and payments technology, announced today that it has closed its private
offering of $600 million aggregate principal amount of 7.625% senior unsecured notes due 2017 (the
2017 Notes) and $500 million aggregate principal amount of 7.875% senior unsecured notes due 2020
(the 2020 Notes, and collectively, the Notes).
In addition, FIS announced today that it has closed a new $1.5 billion tranche of additional term
loans under its existing credit facility (the Term Loan B). The Term Loan B bears interest at
either a eurocurrency rate plus 3.75% per annum (subject to a eurocurrency floor of 1.5%) or a base
rate plus 2.75% per annum. The Term Loan B matures on July 18, 2016, with required principal
amortization payments of 1% per year until maturity.
FIS intends to use the proceeds of the Notes and the Term Loan B, together with borrowings
under its existing credit facility and its existing accounts receivable facility, (1) to repurchase
shares of common stock, (2) to repay in full the outstanding amount under, and terminate, the
credit facility assumed in connection with the acquisition of Metavante Technologies, Inc. and (3)
to pay fees and expenses.
The Notes were sold only to qualified institutional buyers in accordance with Rule 144A under
the Securities Act of 1933, as amended (the Securities Act), and to certain non-U.S. persons in
accordance with Regulation S under the Securities Act. The Notes have not been registered under the
Securities Act and may not be offered or sold without registration unless pursuant to an exemption
from, or in a transaction not subject to, the registration requirements of the Securities Act and
all applicable state laws. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the Notes in any state in which
such offer, solicitation or sale would be unlawful prior to registration or qualification under the
securities laws of any such state.
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 managements
beliefs, as well as assumptions made by, and in
formation 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,
statements regarding how FIS will use the proceeds of the Notes offering and incremental borrowings
under the credit agreement and other risks detailed in the Statement Regarding Forward-Looking
Information, Risk Factors and other sections of FIS Form 10-K and other filings with the
Securities and Exchange Commission.