Fiserv, Inc. (NASDAQ: FISV) (the “Company”), a leading global provider of payments and financial services technology solutions, today announced the pricing of its tender offers to purchase for cash (the “Offers”) any and all of its outstanding 5.150% Senior Notes due 2027 (the “2027 Notes”) and 4.400% Senior Notes due 2049 (the “2049 Notes” and, together with the 2027 Notes, the “Notes”). The table below shows the applicable Reference Yield and Consideration for the Notes, calculated as of 2:00 p.m., New York City time, today, June 23, 2026, in accordance with the Offer to Purchase (as defined below).
| Title of Security |
CUSIP No. / ISIN No. |
Aggregate Principal Amount Outstanding |
U.S. Treasury Reference Security |
Reference Yield |
Bloomberg Reference Page |
Fixed Spread |
Consideration(1) | |||
| 5.150% Senior Notes due 2027 | 337738 BJ6 / US337738BJ60 |
$750,000,000 | 4.000% UST due May 31, 2028 | 4.186% |
FIT1 | 5 bps | $1,005.65 | |||
| 4.400% Senior Notes due 2049 | 337738 AV0 / US337738AV08 |
$2,000,000,000 |
5.000% UST due May 15, 2046 | 4.959% |
FIT1 | 108 bps | $797.61 | |||
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| (1) | This is the applicable consideration (the “Consideration”) that will be payable per $1,000 principal amount of Notes accepted for purchase, including through the Guaranteed Delivery Procedures (as defined below). The calculation of the Consideration uses a Settlement Date (as defined below) of June 26, 2026 and the applicable Par Call Date, which is February 15, 2027 for the 2027 Notes and January 1, 2049 for the 2049 Notes. The Consideration does not include Accrued Interest (as defined below), which will be paid on Notes accepted for purchase. | |||||
The Offers are being made solely pursuant to the terms and conditions set forth in the Offer to Purchase, dated June 16, 2026 (the “Offer to Purchase”). Holders of Notes (“Holders”) are urged to carefully read the Offer to Purchase before making any decision with respect to the Offers. The Offers are not conditioned on any minimum amount of Notes being tendered. The Company may amend, extend or terminate either or both of the Offers in its sole discretion, subject to applicable law.
The Offers will expire at 5:00 p.m., New York City time, today, June 23, 2026, unless extended or terminated by the Company (such time and date, as the same may be extended or terminated by the Company in its sole discretion, subject to applicable law, the “Expiration Date”). Tendered Notes may be withdrawn at or prior to the Expiration Date by following the procedures in the Offer to Purchase, but may not thereafter be validly withdrawn, unless otherwise required by applicable law.
Holders of the Notes must validly tender and not validly withdraw their Notes, or submit the Notice of Guaranteed Delivery substantially in the form attached to the Offer to Purchase and comply with the related procedures specified in the Offer to Purchase (the “Guaranteed Delivery Procedures”), prior to the Expiration Date to be eligible to receive the Consideration. Accrued and unpaid interest (such interest as described below, the “Accrued Interest”) will be paid on all Notes validly tendered and accepted for purchase pursuant to the Offers, including Notes accepted pursuant to the Guaranteed Delivery Procedures, from the last interest payment date up to, but not including, the Settlement Date. The Company expects to pay the Consideration plus Accrued Interest for all Notes validly tendered and accepted for purchase (including Notes tendered pursuant to the Guaranteed Delivery Procedures) on June 26, 2026 unless extended. The date on which payment of the Consideration and Accrued Interest occurs is the “Settlement Date.”
The description of the Offers above is only a summary and is qualified in its entirety by reference to the Offer to Purchase.
Citigroup Global Markets Inc. (“Citigroup”), J.P. Morgan Securities LLC (“J.P. Morgan”), TD Securities (USA) LLC (“TD Securities”) and Wells Fargo Securities, LLC (“Wells Fargo Securities”) are the lead dealer managers for the tender offers. Investors with questions regarding the tender offers may contact the lead dealer managers at the following telephone numbers: (i) Citigroup at (800) 558-3745 (toll-free) or (212) 723-6106 (collect), (ii) J.P. Morgan at (866) 834-4666 (toll-free) or (212) 834-3554 (collect), (iii) TD Securities at (866) 584-2096 (toll-free) or (212) 827-2842 (collect), and (iv) Wells Fargo Securities at (866) 309-6316 (toll-free) or (704) 410-4235 (collect). Global Bondholder Services Corporation is the tender and information agent for the tender offers and can be contacted at (855) 654-2014 (toll-free) (bankers and brokers can call collect at (212) 430-3774) or by email at contact@gbsc-usa.com.
None of the Company or its affiliates, their respective boards of directors, the lead dealer managers, the co-dealer managers, the tender and information agent, and the trustee with respect to any Notes is making any recommendation as to whether Holders should tender any Notes in response to the Offers, and neither the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.
This news release is for informational purposes only and does not constitute an offer to sell, or a solicitation of any offer to buy, any security. No offer, solicitation or sale has been or will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Offers are only being made pursuant to the Offer to Purchase. Holders of the Notes are urged to carefully read the Offer to Purchase before making any decision with respect to the Offers.
