Fiserv gets $2 billion five-year revolver at Libor plus 90-140 bps

By Susanna Moon

Chicago, Sept. 20 – Fiserv, Inc. obtained an amended $2 billion five-year senior unsecured revolving credit facility, according to an 8-K filing with the Securities and Exchange Commission.

Interest on the loans will range from Libor plus 90 basis points to Libor plus 140 bps, based on the company’s debt ratings.

The company entered into the amended credit agreement on Wednesday with JPMorgan Chase Bank, NA, Bank of America Merrill Lynch, MUFG Bank, Ltd., U.S. Bank NA and Wells Fargo Securities, LLC are the joint bookrunners and joint lead arrangers.

JPMorgan Chase Bank NA is the administrative agent. Bank of America, NA, MUFG Bank, Ltd., U.S. Bank NA and Wells Fargo Bank, NA are the syndication agents. SunTrust Bank, the Toronto-Dominion Bank, New York Branch, BMO Harris Bank NA, Citizens Bank, NA, Credit Suisse AG, Cayman Islands branch and PNC Bank, NA are the documentation agents.

The revolver matures on Sept. 19, 2023.

At closing, $1.12 billion was drawn under the revolver.

Fiserv is a financial services technology company based in Brookfield, Wis.

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