FIS · 10-Q · 2026Q2 · Full report
Long-term Debt Issuance
Fidelity National Information Services, Inc. · 2026-08-04 · Importance 89 · Surprise 82 · In source text
FIS issued $6.3 billion of senior USD notes on March 10, 2026, with fixed interest rates of 4.45%, 4.55% and 4.80% and maturities from 2028 through 2031, together with euro and floating-rate notes. Total long-term debt increased to $16.948 billion at June 30, 2026, from $10.353 billion at December 31, 2025, while short-term borrowings increased to $4.226 billion from $2.729 billion. The company reported a 4.2% weighted-average debt interest rate, or 3.8% including net-investment-hedge swaps, and expects future cash interest payments to increase because of debt used to finance the Issuer Solutions Acquisition. FIS also increased its revolving credit commitments to $6.0 billion and added a $1.0 billion incremental facility, with approximately $2.6 billion of borrowing capacity remaining at June 30, 2026.
Key facts
- On March 10, 2026, FIS issued senior USD notes with aggregate principal amount of $6.3 billion with interest rates of 4.45%, 4.55%, and 4.80% and maturities of 2028, 2029, and 2031. source
- The new debt used to fund the Issuer Solutions Acquisition was refinanced with senior notes in March 2026, resulting in higher expected future cash interest payments. source
- The Term Facility borrowings of $7.7 billion under senior unsecured term loans were entered into on May 1, 2025 and were repaid with new senior notes issued on March 10, 2026; the Term Facility was terminated in accordance with its terms source
- On March 10, 2026, FIS issued senior USD floating rate notes of $0 million with a maturity of 2029 (text shows 'senior USD floating rate notes of $million'). source
- On March 10, 2026, FIS issued senior Euro notes of €0 million with an interest rate of 3.45% and a maturity of 2030 (text shows 'senior Euro notes of €million with an interest rate of 3.45 % and a maturity of 2030'). source
- On March 10, 2026, FIS issued senior Euro floating rate notes of €0 million with a maturity of 2028 (text shows 'senior Euro floating rate notes of €million with a maturity of 2028'). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | committed | — | The new debt used to fund the Issuer Solutions Acquisition was refinanced with senior notes in March 2026, resulting in higher expected… |