Fiserv, Inc.'s Stock Analysis

Fiserv Secures $8 Billion Credit Facility with New Agreement

On August 12, 2025, Fiserv, Inc. entered into a new Credit Agreement that provides a senior unsecured multicurrency revolving credit facility with a maximum availability of $8.0 billion, maturing on August 12, 2030. As of the agreement date, no amount has been drawn. The facility allows the company to borrow, repay, and re-borrow amounts in various currencies, with interest rates tied to currency-specific reference rates and the company's long-term debt rating. The agreement includes covenants that limit the company's consolidated indebtedness relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA).

The new Credit Agreement replaces the prior agreement, which had a maximum availability of $6.0 billion and was set to mature on June 16, 2027. Similar covenants were present in the previous agreement. The company is also subject to customary events of default, which could result in the immediate repayment of obligations if certain conditions are met, including bankruptcy proceedings involving the company or its material subsidiaries.

Aug 12, 2025 17:29:24

Fiserv Completes $2 Billion Senior Notes Offering with Set Terms

Fiserv, Inc. has successfully completed a public offering of $2 billion in aggregate principal amount of Senior Notes, comprising $1 billion of 4.550% Senior Notes due 2031 and $1 billion of 5.250% Senior Notes due 2035. The Notes will bear interest payable semi-annually, with the 2031 Notes maturing on February 15, 2031, and the 2035 Notes maturing on August 11, 2035. The Company has the option to redeem the Notes before their respective maturity dates under certain conditions, and a mandatory repurchase is required upon a change of control triggering event at 101% of the principal amount, plus accrued interest.

The Notes are issued under an Indenture with U.S. Bank Trust Company as trustee and are registered under the Securities Act of 1933. The offering was conducted under a Registration Statement filed with the SEC, which includes provisions for customary events of default that could accelerate the repayment of the Notes if triggered. This offering may impact the company's financial obligations and liquidity, which are key considerations for investors.

Aug 11, 2025 16:01:44

Fiserv Announces $2 Billion Senior Notes Offering Details

Fiserv, Inc. has entered into an Underwriting Agreement to sell $1 billion of 4.550% Senior Notes due 2031 and $1 billion of 5.250% Senior Notes due 2035. The public offering is set to close on August 11, 2025, pending customary closing conditions.

The Notes will be registered under the Securities Act of 1933, with the related Registration Statement filed on February 22, 2024, and amended on April 24, 2025. The Underwriting Agreement includes standard representations, warranties, and conditions for closing, as well as indemnification and termination provisions.

Aug 05, 2025 16:08:23

Fiserv Reports Second Quarter 2025 Financial Results and Guidance

Fiserv, Inc. reported an 8% increase in GAAP revenue for the second quarter of 2025, totaling $5.52 billion, driven by growth in both the Merchant Solutions and Financial Solutions segments. The company's GAAP earnings per share (EPS) rose by 22% to $1.86 for the quarter, and the GAAP operating margin improved to 30.7%. Year-to-date results show a 7% revenue increase to $10.65 billion, with net cash from operating activities at $2.31 billion, up from $2.17 billion in the prior year period.

The company has refined its 2025 organic revenue growth outlook to approximately 10% and adjusted EPS guidance to a range of $10.15 to $10.30, indicating growth of 15% to 17%. In the first six months of 2025, Fiserv repurchased 21.9 million shares for $4.4 billion and completed a public offering of senior notes. Additionally, Fiserv announced plans to acquire a majority stake in AIB Merchant Services and launch a new digital asset platform, further expanding its offerings in the financial technology sector.

Jul 23, 2025 07:15:05