Global Payments Closes on $850 Million Financing Agreements; Will Use Proceeds to Repay Debt, Buybacks

Global Payments Inc.

, a leading worldwide provider of electronic transaction processing solutions, announced today the closing of a new five-year senior unsecured term loan facility of $700 million and a $150 million increase to its existing $600 million senior unsecured revolving credit facility arranged by Bank of America Merrill Lynch, PNC Capital Markets and Regions Capital Markets.