FIS · 10-Q · 2026Q3 · Full report

Interest Rate Pressure

Fidelity National Information Services, Inc. · 2026-11-04 · Importance 58 · Surprise 42

On March 10, 2026, FIS issued $6.3 billion of senior USD notes with coupon rates of 4.45%, 4.55% and 4.80%, alongside senior Euro notes carrying a 3.45% coupon. The proceeds repaid short-term debt used to finance the Issuer Solutions Acquisition and borrowings under the commercial paper programs. As of September 30, 2026, the weighted average interest rate on outstanding debt was 4.3%, or 3.9% including net-investment-hedge cross-currency swaps. FIS stated that cash interest paid increased from historical levels because of the additional debt used to finance the acquisition.

Key facts

• FIS says relatively high interest rates have had, and may continue to have, a negative impact on interest expense. source