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Visu uses AI to transform SEC filings and press releases into accurate summaries of earnings and key company events.
Global Payments Completes Public Offering and Debt Repayment Plans
Global Payments Inc. has successfully completed a public offering of Notes, which includes the issuance of 2028 and 2033 Notes with interest rates of 4.550% and 5.400%, respectively. The net proceeds from this offering will be utilized to fully repay the company's 4.800% notes due in April 2026 and to reduce outstanding borrowings under its revolving credit facility, which matures in May 2030. The Notes will be unsecured and rank equally with the company's other unsecured indebtedness, with interest payable semi-annually starting September 15, 2026.
The Indenture related to the Notes includes provisions for redemption options and outlines events of default that could accelerate repayment. In the event of a Change of Control Repurchase Event, holders of the Notes have the right to require the company to repurchase their Notes at a premium. The company currently does not have any principal properties as defined in the Indenture, which limits its ability to incur additional secured indebtedness without providing equal security to the Notes. This offering was registered under the U.S. Securities Act of 1933.
linkMar 12, 2026 16:11:47
Global Payments Announces $1 Billion Senior Notes Offering
Global Payments Inc. has entered into an Underwriting Agreement to issue and sell $1 billion in aggregate principal amount of Senior Notes. This includes $500 million of 4.550% Senior Notes due in 2028 and $500 million of 5.400% Senior Notes due in 2033, with the public offering expected to close on March 12, 2026, pending customary closing conditions.
The Senior Notes are registered under the Securities Act of 1933, and details are available in the Company’s final prospectus supplement. The Underwriting Agreement includes standard representations and warranties, indemnification rights, and termination provisions, and is being filed as part of the current report for regulatory purposes.
linkMar 11, 2026 17:12:09
Global Payments Completes Worldpay Acquisition and Divestiture
Global Payments Inc. has acquired 100% of Worldpay Holdco, LLC from Fidelity National Information Services and GTCR, while simultaneously divesting its Issuer Solutions business to FIS. This transaction marks a significant shift in Global Payments' business strategy, enhancing its payment processing capabilities and market reach. The acquisition was finalized on January 9, 2026, and is expected to strengthen Global Payments' position in the electronic payment processing sector.
In conjunction with the acquisition, Global Payments has filed audited financial statements for Worldpay Holdco as of December 31, 2025, and for the eleven months ending December 31, 2024. The financial statements have been prepared in accordance with U.S. generally accepted accounting principles and reflect the combined results of Worldpay's operations. This acquisition is anticipated to provide Global Payments with a broader client base and additional services in the global payment market.
linkMar 05, 2026 08:39:22
Global Payments Announces $550 Million Share Repurchase Program
Global Payments Inc. has initiated an accelerated share repurchase program, committing to buy back $550 million of its common stock. Approximately 5,414,718 shares are expected to be repurchased and received by the company on February 20, 2026.
The total number of shares repurchased will depend on the average daily volume-weighted prices of the stock during the repurchase period, subject to certain adjustments. The final settlement of the share repurchase is anticipated to occur by March 30, 2026.
linkFeb 19, 2026 08:30:03
Global Payments Announces Financial Results and Leadership Changes
Global Payments reported its financial results for the fourth quarter and year ended December 31, 2025, highlighting GAAP revenues of $1.90 billion and diluted earnings per share of $0.92 for Q4. Adjusted EPS increased 12% to $3.18, with adjusted net revenues rising 1% to $2.32 billion. The company completed the acquisition of Worldpay and divested its Issuer Solutions segment, positioning itself as a leading merchant solutions provider. A share repurchase authorization of $2.5 billion was announced, along with a $550 million accelerated share repurchase plan, aiming to return over $2 billion to shareholders in 2026.
Additionally, Global Payments appointed Vivek Sankaran as a new director and member of the Audit and Compensation Committees, effective February 19, 2026. Jennifer Bozeman Whyte was appointed Chief Accounting Officer and Principal Accounting Officer, effective March 1, 2026, with a compensation package that includes a base salary of $420,000 and a target bonus of 65%. The company anticipates adjusted earnings per share for 2026 to be between $13.80 and $14.00, reflecting growth of 13% to 15%.
linkFeb 18, 2026 06:59:15
Global Payments Announces Departure of Key Executives
David Sheffield, the Executive Vice President and Chief Accounting Officer of Global Payments, has announced his retirement effective March 1, 2026. He will remain in his role until that date, and the company plans to appoint a successor before his departure. His exit is not due to any disagreements regarding the company's operations or accounting practices.
Additionally, David Green, the Senior Executive Vice President and Chief Administrative Officer, has resigned for 'good reason' as defined in his employment agreement. He will assist in the transition of his responsibilities in a non-executive role for a short period. Green's departure is also not linked to any disagreements with the company, and he will receive the benefits outlined in his employment agreement.
linkJan 14, 2026 16:05:42
Global Payments Completes Acquisition of Worldpay and Divestiture
Global Payments Inc. has successfully completed its acquisition of Worldpay Holdco, LLC from Fidelity National Information Services and GTCR, alongside the divestiture of its Issuer Solutions business to FIS. The total enterprise valuation for the Worldpay acquisition was approximately $24.25 billion, while the Issuer Solutions business was valued at around $13.5 billion. Global Payments issued 43,268,041 shares of its common stock and approximately $6.2 billion in cash for the acquisition, while receiving about $7.7 billion in cash from FIS for the divestiture. The transaction positions Global Payments as a leading pure-play commerce solutions provider, significantly enhancing its global scale and operational capabilities.
Following the transactions, GTCR now holds approximately 15.45% of Global Payments' outstanding shares, subject to a lock-up agreement with staggered release over the next 18 months. The completion of this acquisition allows Global Payments to serve over 6 million merchant locations and process $3.7 trillion in payment volume annually. The company plans to invest over $1 billion annually in innovation and aims to reduce its adjusted net leverage to 3.0x within 18 to 24 months, maintaining its investment-grade credit ratings and enhancing its capital allocation strategy.
linkJan 12, 2026 07:12:50
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.
linkNov 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.
linkNov 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.
linkNov 05, 2025 08:24:21