Fiserv to repay facility due November 2012 via note offering proceeds

By Tali David

Minneapolis, Sept. 18 - Fiserv, Inc. plans to repay a portion of its term loan facility due November 2012 with the proceeds from its new senior note offering, according to a filing with the Securities and Exchange Commission.

As of June 30, Fiserv had term loan borrowings of $1.1 billion that bore interest at 1.1%.

The company said it intends to use any remaining net proceeds for general corporate purposes. Fiserv is a Brookfield, Wis.-based company that specializes in financial services technology

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