GPN · 10-Q · 2026Q2 · Full report
Outstanding Indebtedness
GLOBAL PAYMENTS INC · 2026-08-05 · Importance 64 · Surprise 42 · In source text
Global Payments had $15.6 billion of senior unsecured notes outstanding at June 30, 2026, with maturities ranging from January 2027 through August 2052. The company issued $1.0 billion of senior notes on March 5, 2026, consisting of $500.0 million due 2028 at 4.550% and $500.0 million due 2033 at 5.400%. The company also had $1.0 billion outstanding under a term loan due April 2028 at a 4.7% interest rate and $1.6 billion drawn on its revolving credit facility at 5.0%. Six-month interest and other expense increased $218.8 million to $519.9 million because of higher average borrowings associated with Worldpay and higher refinancing rates.
Key facts
- On May 15, 2025, we entered into a $7.25 billion unsecured revolving credit facility of which $5.75 billion was made available May 15, 2025 and an additional $1.5 billion was made available upon closing of the Worldpay acquisition; facility matures May 2030. source
- On April 21, 2026, we entered into a $1.0 billion senior unsecured term loan facility due April 21, 2028 bearing interest at one-month SOFR plus 1.05%; as of June 30, 2026 borrowings of $1.0 billion outstanding at an interest rate of 4.7% and no available commitments. source
- We have $15.6 billion in aggregate principal amount of senior unsecured notes outstanding as of June 30, 2026, which mature at various dates ranging from January 2027 to August 2052. source
- On November 14, 2025, we issued $6.2 billion aggregate principal amount of senior unsecured notes: $1.75B 4.500% due Nov 2028; $1.7B 4.875% due Nov 2030; $1.0B 5.200% due Nov 2032; $1.75B 5.550% due Nov 2035. source
- Repayments of long-term debt were $18,055.4 million and $3,769.6 million for the six months ended June 30, 2026 and 2025, respectively. source
- Proceeds from long-term debt were $9,331.1 million and $2,755.1 million for the six months ended June 30, 2026 and 2025, respectively. source
- Committed bridge financing obtained April 17, 2025 of $7.7 billion was subsequently reduced to $6.2 billion on May 15, 2025; the bridge facility was terminated on November 14, 2025. source
- We have a $2.0 billion commercial paper program under which we may issue senior unsecured commercial paper notes with maturities of up to 397 days from the date of issue. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -1.6% | On April 21, 2026, we entered into a $1.0 billion senior unsecured term loan facility due April 21, 2028 bearing interest at one-month… |
| liability | negative | realized | — | We have $15.6 billion in aggregate principal amount of senior unsecured notes outstanding as of June 30, 2026, which mature at various… |