AI English summary of an SEC filing — figures as filed
Fiserv FISVThe company said Fiserv Funding Unlimited Company, an indirect wholly owned subsidiary, completed a public offering of senior notes due 2028, 2032 and 2036 on May 7, 2025, in aggregate principal amounts of €750,000,000, €775,000,000 and €650,000,000.
Key points
AI summaryThe company said Fiserv Funding Unlimited Company, an indirect wholly owned subsidiary, completed a public offering of senior notes due 2028, 2032 and 2036 on May 7, 2025, in aggregate principal amounts of €750,000,000, €775,000,000 and €650,000,000.
The company said the 2028 notes bear interest at 2.875%, the 2032 notes at 3.500% and the 2036 notes at 4.000% per year, payable annually in arrears on June 15, and that they mature on 2028, 2032 and June 15, 2036, respectively.
The company said Fiserv Funding may redeem the notes before the applicable par call date at the stated redemption price, and on or after that date at 100% of principal plus accrued and unpaid interest. It said Fiserv Funding is required to offer to repurchase the notes for cash at 101% of principal plus accrued and unpaid interest upon a change of control triggering event.
The company said the notes are fully and unconditionally guaranteed by Fiserv on a senior unsecured basis, were issued under an Indenture dated April 24, 2025 and supplemental indentures dated May 7, 2025, and that U.S. Bank Europe DAC was appointed as paying agent.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fiserv completes issuance of 3 series of euro senior notes
The company said Fiserv Funding Unlimited Company, an indirect wholly owned subsidiary, completed a public offering of senior notes due 2028, 2032 and 2036 on May 7, 2025, in aggregate principal amounts of €750,000,000, €775,000,000 and €650,000,000.
Source · Based on the filing body and exhibits
Interest rates, maturities and interest payment terms by series
The company said the 2028 notes bear interest at 2.875%, the 2032 notes at 3.500% and the 2036 notes at 4.000% per year, payable annually in arrears on June 15, and that they mature on 2028, 2032 and June 15, 2036, respectively.
Source · Based on the filing body and exhibits
Redemption terms and repurchase obligation upon change of control
The company said Fiserv Funding may redeem the notes before the applicable par call date at the stated redemption price, and on or after that date at 100% of principal plus accrued and unpaid interest. It said Fiserv Funding is required to offer to repurchase the notes for cash at 101% of principal plus accrued and unpaid interest upon a change of control triggering event.
Source · Based on the filing body and exhibits
Parent guarantee and issuance structure
The company said the notes are fully and unconditionally guaranteed by Fiserv on a senior unsecured basis, were issued under an Indenture dated April 24, 2025 and supplemental indentures dated May 7, 2025, and that U.S. Bank Europe DAC was appointed as paying agent.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…