Global Payments Closes on $850 Million Financing Agreements; Will Use Proceeds to Repay Debt, Buybacks - Global Payments (NYSE:GPN)

27% profit every 20 days?

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Global Payments Inc. (NYSE: GPN), aleading worldwide provider of electronic transaction processing solutions,announced today the closing of a new five-year senior unsecured term loanfacility of $700 million and a $150 million increase to its existing $600million senior unsecured revolving credit facility arranged by Bank of AmericaMerrill Lynch, PNC Capital Markets and Regions Capital Markets.

27% profit every 20 days?

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