Fiserv Reports Material Agreement, Senior Notes Activity

TL;DR

**Fiserv just filed an 8-K about a new material agreement and its senior notes, but the details are still under wraps!**

AI Summary

Fiserv, Inc. filed an 8-K on February 27, 2024, reporting an "Entry into a Material Definitive Agreement" and "Financial Statements and Exhibits" related to an event on February 26, 2024. The filing mentions various senior notes, including those due in 2025, 2027, 2030, and two tranches due in 2031 (A3000 and A4500). The specific details of the material definitive agreement or the financial implications are not provided in the excerpt.

Why It Matters

This filing indicates Fiserv has entered into a significant agreement, which could impact its financial structure or operations, and highlights its existing debt obligations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement without providing details, which introduces uncertainty regarding its potential impact on the company.

Key Players & Entities

• Fiserv, Inc. (company) — registrant
• February 26, 2024 (date) — date of earliest event reported
• February 27, 2024 (date) — filing date
• Senior Notes Due 2027 (other) — debt instrument
• Senior Notes Due 2030 (other) — debt instrument
• Senior Notes Due 2025 (other) — debt instrument
• A3000 Senior Notes Due 2031 (other) — debt instrument
• A4500 Senior Notes Due 2031 (other) — debt instrument

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share FI The New York Stock Exc
• $750,000,000 — terms and conditions set forth therein, $750,000,000 aggregate principal amount of the Compa
• $500,000,000 — nior Notes due 2027 (the "2027 Notes"), $500,000,000 aggregate principal amount of the Compa

Filing Documents

• d743206d8k.htm (8-K) — 34KB
• d743206dex11.htm (EX-1.1) — 184KB
• 0001193125-24-048032.txt ( ) — 432KB
• fi-20240226.xsd (EX-101.SCH) — 5KB
• fi-20240226_def.xml (EX-101.DEF) — 14KB
• fi-20240226_lab.xml (EX-101.LAB) — 24KB
• fi-20240226_pre.xml (EX-101.PRE) — 15KB
• d743206d8k_htm.xml (XML) — 10KB

01 . Entry into a Material Definitive Agreement

Item 1.01 . Entry into a Material Definitive Agreement . Underwriting Agreement On February 26, 2024, Fiserv, Inc. (the "Company") entered into an Underwriting Agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC, TD Securities (USA) LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters listed therein (the "Underwriters"), pursuant to which the Company agreed to sell, and the Underwriters agreed to purchase, subject to the terms and conditions set forth therein, $750,000,000 aggregate principal amount of the Company's 5.150% Senior Notes due 2027 (the "2027 Notes"), $500,000,000 aggregate principal amount of the Company's 5.350% Senior Notes due 2031 (the "2031 Notes") and $750,000,000 aggregate principal amount of the Company's 5.450% Senior Notes due 2034 (the "2034 Notes" and, together with the 2027 Notes and the 2031 Notes, the "Notes"), in a public offering (the "Offering"). The Offering is expected to close on March 4, 2024, subject to customary closing conditions. The Underwriting Agreement contains customary representations, warranties and agreements of the Company, conditions to closing, indemnification rights and obligations of the parties and termination provisions. The description of the Underwriting Agreement set forth above is qualified by reference to the Underwriting Agreement filed as Exhibit 1.1, to this Current Report on Form 8-K and incorporated herein by reference. The Notes are registered under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-277241) that the Company filed with the Securities and Exchange Commission on February 22, 2024. The Company is also filing the Underwriting Agreement as part of this Current Report on Form 8-K for purposes of such Registration Statement.

01 . Financial Statements and Exhibits

Item 9.01 . Financial Statements and Exhibits . (d) Exhibits . The following exhibit is being filed herewith: Exhibit Index to Current Report on Form 8-K Exhibit Number Description 1.1 Underwriting Agreement, dated February 26, 2024, among the Company and the underwriters named therein. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FISERV, INC. Date: February 27, 2024 By: /s/ Robert W. Hau Robert W. Hau Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR