Global Payments Inc.'s Stock Analysis

Global Payments Completes Senior Notes Offering for Acquisition Financing

Global Payments Inc. has successfully completed a public offering of senior notes, which will be used primarily to finance its acquisition of Worldpay Holdco, LLC. The offering consists of multiple series of notes with varying maturities and interest rates, ranging from 4.500% to 5.550%. The company plans to utilize the proceeds to cover cash payments related to the acquisition, repay Worldpay's existing debts, and address transaction costs.

Additionally, the completion of the offering has led to the termination of a previously arranged bridge loan facility worth up to $7.7 billion. The notes issued are unsecured and will rank equally with the company’s other unsecured debts. The company is also subject to certain covenants and events of default as outlined in the indenture agreement, which could impact the repayment of the notes under specified conditions.

Nov 14, 2025 16:34:34

Global Payments Announces $6.2 Billion Senior Notes Offering

Global Payments Inc. has entered into an Underwriting Agreement to issue and sell a total of $6.2 billion in Senior Notes, which include four series with varying interest rates and maturities. The Notes consist of $1.75 billion due in 2028 at 4.500%, $1.7 billion due in 2030 at 4.875%, $1 billion due in 2032 at 5.200%, and $1.75 billion due in 2035 at 5.550%. The public offering is expected to close on November 14, 2025, subject to customary closing conditions.

The Notes are registered under the Securities Act of 1933, and the details of the offering are included in the Company’s final prospectus supplement. The Underwriting Agreement includes standard representations, warranties, and obligations, alongside indemnification rights and termination provisions, which are also outlined in the associated filings with the Securities and Exchange Commission.

Nov 12, 2025 07:09:39

Global Payments to Acquire Worldpay and Divest Issuer Solutions

Global Payments Inc. has announced a definitive agreement to acquire 100% of Worldpay Holdco, LLC from Fidelity National Information Services, Inc. and affiliates of GTCR LLC. This acquisition will be accompanied by the simultaneous divestiture of Global Payments' Issuer Solutions business to FIS, pending regulatory approvals and customary closing conditions.

The company has filed various financial statements related to Worldpay, including audited combined financial statements for the year ended December 31, 2023, and interim unaudited condensed financial statements for the nine months ended September 30, 2025. These documents reflect the financial position and operations of Worldpay, which serves a diverse client base globally, enabling electronic payment transactions and offering value-added services.

Nov 05, 2025 08:24:21

Global Payments Announces Acquisition and Divestiture Plans

Global Payments Inc. is recasting its financial information to classify its Issuer Solutions business as a discontinued operation following the agreements to acquire Worldpay Holdco, LLC from Fidelity National Information Services and divest its Issuer Solutions business to FIS. The transactions, valued at approximately $13.6 billion, are expected to close in the first quarter of 2026, subject to regulatory approvals. The recasting of financials also includes changes in cash flow presentation and revenue disaggregation for the Merchant Solutions segment.

For the fiscal year ended December 31, 2024, Global Payments reported revenues of $7.69 billion, an increase from $7.33 billion the previous year, driven by transaction volume growth. The company's Merchant Solutions segment saw improved operating income and margins, attributed to revenue increases and reduced acquisition costs. However, the company also faces macroeconomic risks, including currency fluctuations and inflation, which could impact financial performance. The ongoing transformation initiatives are expected to yield over $650 million in annual operating income benefits by mid-2027.

Nov 04, 2025 17:22:38

Global Payments Reports Q3 2025 Financial Results and Outlook

Global Payments Inc. announced its financial results for the third quarter of 2025, reporting GAAP diluted earnings per share (EPS) of $2.64 and adjusted EPS of $3.26, marking an increase of 11% in constant currency. The company generated GAAP revenue of $2.01 billion, which remained approximately flat, while adjusted net revenue rose by 6% in constant currency when excluding dispositions, reaching $2.43 billion. The adjusted operating margin expanded to 45.0%, and the company reported strong adjusted free cash flow of $784 million, reducing its adjusted net leverage to 2.9 times by the end of the quarter.

Additionally, Global Payments received clearance from the Competition and Markets Authority in the U.K. for its acquisition of Worldpay, with expectations to close the transaction in the first quarter of 2026. The company reaffirmed its full-year outlook, anticipating adjusted net revenue growth of 5% to 6% in constant currency, and adjusted operating margin expansion of over 50 basis points. A dividend of $0.25 per share has been approved, payable on December 26, 2025, to shareholders of record as of December 12, 2025.

Nov 04, 2025 06:59:01

Global Payments Appoints Two New Independent Directors to Board

Global Payments Inc. has expanded its Board of Directors from 10 to 12 members by appointing Patricia Watson and Archana Deskus as independent directors, effective immediately. Both appointees bring significant experience in technology and financial services, with Watson previously serving as Chief Information and Technology Officer at NCR Atleos and Deskus as Executive Vice President and Chief Technology Officer at PayPal. Their appointments are part of a strategy to enhance oversight and expertise, particularly in relation to the integration of Worldpay following its acquisition.

Additionally, the Board has agreed to appoint another independent director in collaboration with Elliott Investment Management by or immediately after the 2026 annual meeting. A new Integration Committee will also be established to focus on the successful integration of Worldpay, aiming to maximize value creation for shareholders. The company emphasizes that these changes are intended to position Global Payments for improved performance and strategic advantages in the competitive landscape.

Sep 29, 2025 08:32:50

Global Payments Initiates $500 Million Share Repurchase Program

Global Payments Inc. has launched an accelerated share repurchase program to buy back $500 million worth of its common stock, as part of an existing board-approved initiative. The company is expected to receive approximately 4,676,174 shares on August 8, 2025, with the total number of shares repurchased determined by the average daily volume-weighted prices during the repurchase period, minus a discount.

The final settlement of the accelerated share repurchase program is anticipated to be completed by September 30, 2025. This move is part of the company's broader strategy to manage its capital and return value to shareholders.

Aug 07, 2025 09:10:02

Global Payments Announces Q2 2025 Financial Results and Outlook

Global Payments reported second quarter 2025 financial results with GAAP diluted earnings per share of $0.99 and adjusted earnings per share of $3.10, reflecting an 11% increase in constant currency. The company’s GAAP revenue was $1.96 billion, remaining approximately flat year-over-year, while adjusted net revenue rose to $2.36 billion, a 5% increase when excluding dispositions. The company reaffirmed its full-year growth outlook for adjusted net revenue, projecting a constant currency growth of 5% to 6% and adjusted earnings per share growth at the high end of 10% to 11% for 2025.

Additionally, Global Payments received regulatory clearances for its acquisition of Worldpay and the divestiture of its Issuer Solutions business, both expected to close in the first half of 2026. The company has also increased its expected annual run-rate operating income benefit from its operational transformation to $650 million and announced a $500 million accelerated share repurchase plan. A dividend of $0.25 per share will be payable on September 26, 2025, to shareholders of record as of September 12, 2025.

Aug 06, 2025 07:04:08

Global Payments to Acquire Worldpay, Divest Issuer Solutions Business

Global Payments Inc. has entered into agreements to acquire Worldpay Holdco, LLC from Fidelity National Information Services, Inc. and certain affiliates of GTCR LLC, while also divesting its Issuer Solutions business to FIS. The completion of these transactions is contingent upon the expiration or termination of the HSR Waiting Periods, which expired on July 18, 2025.

The closing of the transactions is still subject to obtaining necessary regulatory clearances and approvals, as well as meeting other customary closing conditions. Investors should note that these developments could impact the company's operations and financial performance.

Jul 21, 2025 07:00:45

Global Payments Secures $7.25 Billion Revolving Credit Facility

Global Payments Inc. has entered into a Revolving Credit Agreement providing for a $7.25 billion revolving credit facility with Bank of America and other lenders. Initially, $5.75 billion is available, with an additional $1.5 billion contingent upon the closing of the acquisition of Worldpay Holdco, LLC. The facility matures five years from the closing date and allows for borrowings in multiple currencies. The terms include a range of interest rates based on the company's credit rating, and the company has provided guarantees for borrowings made by its subsidiaries.

Additionally, the company has reduced its bridge loan commitments from $7.7 billion to $6.2 billion following the effectiveness of the Revolving Credit Agreement. The new agreement replaces the previous credit agreement from August 2022. The company’s borrowings will be subject to customary conditions and covenants, including a financial covenant related to the net leverage ratio.

May 16, 2025 16:35:17