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Fiserv Prices $1.75 Billion Senior Notes Offering

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Fiserv, Inc. (NASDAQ:FISV) , a leading global provider of financial services technology solutions, announced today that it has priced a public offering of $1.75 billion aggregate principal amount of senior notes consisting of the following:

  • $850 million of senior notes that mature in 2020 and bear interest at a rate of 2.70%, and
  • $900 million of senior notes that mature in 2025 and bear interest at a rate of 3.85%.

The offering is expected to close May 22, 2015, subject to customary closing conditions. Fiserv intends to use the net proceeds from this offering to redeem all of its outstanding $600 million aggregate principal amount of 3.125% senior notes due 2016 and all of its outstanding $500 million aggregate principal amount of 6.800% senior notes due 2017 and to repay outstanding debt under its revolving credit facility. Fiserv intends to use any remaining net proceeds for general corporate purposes, which may include repaying a portion of its term loan facility or its outstanding $300 million aggregate principal amount of 3.125% senior notes due 2015.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, Mitsubishi UFJ Securities (USA), Inc., U.S. Bancorp Investments, Inc., SunTrust Robinson Humphrey, Inc., PNC Capital Markets LLC and J.P. Morgan Securities LLC are the joint book-running managers for the offering.

The offering is being made only by means of a prospectus supplement and accompanying prospectus, which are part of a shelf registration statement Fiserv filed with the Securities and Exchange Commission, copies of which may be obtained by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 or by email to dg.prospectus_requests@baml.com; or Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or by email to wfscustomerservice@wellsfargo.com. An electronic copy of the prospectus and prospectus supplement is available from the Securities and Exchange Commission website at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About Fiserv

Fiserv, Inc. (NASDAQ:FISV) enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more than 30 years, Fiserv has been a leader in financial services technology, and today is among FORTUNE(R) magazine’s World’s Most Admired Companies and Forbes magazine’s America’s Best Employers.

Forward-Looking Statements

This press release contains “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those that express a plan, belief, expectation, estimation, anticipation, intent, contingency, future development or similar expression, and can generally be identified as forward-looking because they include words such as “believes,” “anticipates,” “expects,” “could,” “should” or words of similar meaning. Statements that describe the company’s future plans, objectives or goals are also forward-looking statements. Forward-looking statements involve significant risks and uncertainties, and a number of factors, both foreseen and unforeseen, could cause actual results to differ materially from current expectations. The factors that may affect the company’s results include, among others: pricing and other actions by competitors; the capacity of the company’s technology to keep pace with a rapidly evolving marketplace; the impact of market and economic conditions on the financial services industry; the impact of a security breach or operational failure on the company’s business; the effect of legislative and regulatory actions in the United States and internationally; the company’s ability to comply with government regulations; the company’s ability to successfully identify, complete and integrate acquisitions; the impact of the company’s strategic initiatives; and other factors included in the company’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2014 and in other documents that the company files with the SEC. You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements which speak only as of the date of this press release. The company assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

FISV-E

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