Fiserv Prices $700M Senior Notes Offering
Fiserv (NASDAQ: FISV) announced today that it had priced a
public offering of $700 million aggregate principal amount of senior
notes that mature in 2022 and bear interest at a rate of 3.500%.
The offering is expected to close September 25, 2012, subject to
customary closing conditions. Fiserv intends to use the net proceeds of
the offering to repay a portion of its term loan facility that matures
in November 2012.
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo
Securities, LLC, Mitsubishi UFJ Securities (USA), Inc. and U.S. Bancorp
Investments, Inc. are the joint book-running managers for the offering.