Davis Polk advised the representatives of the underwriters in connection with SEC-registered offerings by Fidelity National Information Services, Inc. (“FIS”) of €2.25 billion aggregate principal amount of senior notes, consisting of €1 billion aggregate principal amount of 0.125% senior notes due 2022, €625 million aggregate principal amount of 0.625% senior notes due 2025 and €625 million aggregate principal amount of 1.000% senior notes due 2028, and £300 million aggregate principal amount of 2.250% senior notes due 2029.
Davis Polk also advised the dealer-managers in connection with FIS’s concurrent cash tender offer to purchase any and all of its outstanding 3.625% senior notes due 2020, 2.250% senior notes due 2021 and 4.500% senior notes due 2022, and up to an aggregate maximum repurchase amount of $811,972,000 of its outstanding 5.000% senior notes due 2025, 4.750% senior notes due 2048 and 4.500% senior notes due 2046. The concurrent cash tender offer was funded with the proceeds of the notes offerings.
Headquartered in Jacksonville, Florida, FIS is a global leader in financial services technology, providing solutions and services to clients in the retail and institutional banking, payments, capital markets, asset management and wealth and retirement markets. Through the depth and breadth of its solutions portfolio, global capabilities and domain expertise, FIS serves clients in over 130 countries. FIS is a Fortune 500 company and is a member of Standard & Poor’s 500 Index.
The Davis Polk capital markets team included partner Derek Dostal and associates Ida Araya-Brumskine, Daniel Chao and Sean Michael Pinckney. The tax team included counsel Alon Gurfinkel and associate Summer Xia. Partner Frank J. Azzopardi and associate Yifu Chen provided intellectual property and technology advice.
Members of the Davis Polk team are based in the New York and London offices.