Fiserv announces expiration and results of tender offer for 4.625% senior notes due 2020

BROOKFIELD, WI (September 27, 2018) — Fiserv, Inc. (NASDAQ: FISV) (the “Issuer”), a leading global provider of financial services technology solutions, announced today the expiration and results of the previously announced offer to purchase for cash (the “Offer”) any and all of its outstanding 4.625% Senior Notes due 2020 (the “Notes”), which expired at 5:00 p.m., New York City time, on September 26, 2018 (the “Expiration Time”).

As of the Expiration Time, $245,610,000 aggregate principal amount of Notes, or 54.58% of the aggregate principal amount of Notes outstanding, had been validly tendered and not validly withdrawn. This excludes $644,000 aggregate principal amount of Notes that remain subject to guaranteed delivery procedures. The complete terms and conditions of the Offer were set forth in an Offer to Purchase, dated September 20, 2018, and the related Letter of Transmittal (the “Offer Documents”).

The Issuer expects to accept for payment all Notes validly tendered and not validly withdrawn prior to the Expiration Time and, in accordance with the terms of the Offer to Purchase, will pay all holders of such Notes $1,028.92 per $1,000 principal amount for all Notes accepted in the Offer, including those properly tendered and not validly withdrawn prior to the Expiration Time and those tendered by the guaranteed delivery procedures described within the Offer to Purchase, three business days after the Expiration Time, or October 1, 2018 (the “Payment Date”). Also, on the Payment Date, the Issuer will pay accrued and unpaid interest from the last interest payment date of the Notes to, but not including, the Payment Date. For avoidance of doubt, interest on the Notes will cease to accrue on the Payment Date for all Notes accepted in the Offer. All Notes purchased on the Payment Date will subsequently be retired. The Issuer will fund the payment for tendered and accepted notes with the net proceeds from its previously announced issuance and sale of $1.0 billion aggregate principal amount of its 3.800% Senior Notes due 2023 and $1.0 billion aggregate principal amount of its 4.200% Senior Notes due 2028. Wells Fargo Securities, LLC acted as the exclusive dealer manager (the “Dealer Manager”) for the Offer. Global Bondholder Services Corporation served as the information agent and tender agent for the Offer.

This press release does not constitute an offer to buy or a solicitation of an offer to sell any Notes. The Offer is being made solely pursuant to the Offer Documents. The Offer is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities laws of any jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Issuer by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

About Fiserv

Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and has been recognized as one of Fortune® World’s Most Admired Companies™ for 9 of the last 10 years. Visit and follow on social media for more information and the latest company news.


Fiserv Media Relations:
Mark Jelfs
Senior Manager, Communications
+1 262-737-8244

NCR Atleos Media Relations:
Scott Sykes
Executive Director, Public Relations

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