Fidelity National Information Services Inc.'s $4.3 Billion In Issuances Are Rated 'BBB' - S&P Global Ratings’ Credit Research

Fidelity National Information Services Inc.'s $4.3 Billion In Issuances Are Rated 'BBB'

Fidelity National Information Services Inc.'s $4.3 Billion In Issuances Are Rated 'BBB' - S&P Global Ratings’ Credit Research
Fidelity National Information Services Inc.'s $4.3 Billion In Issuances Are Rated 'BBB'
Published May 01, 2015
Published May 01, 2015
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Abstract:

NEW YORK (Standard&Poor's) May 1, 2015--Standard&Poor's Ratings Services today assigned its 'BBB' issue-level ratings to Jacksonville, Fla.-based Fidelity National Information Services Inc.'s (FIS) $3 billion revolving credit facility due 2019 and $1.3 billion term loan due 2017. FIS is a leading provider of banking and payments technology solutions, and a leader in consulting and outsourcing solutions. Our 'BBB' long-term corporate credit rating on FIS remains unchanged. Our ratings reflect the company's good competitive position, consistent operating performance, contractual relationships that generate a significant base of recurring revenues, and our expectation that management will maintain leverage (net of surplus cash) generally at or below 2.5x. RELATED CRITERIA Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec.

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Data Processing & Outsourced Services (45102020)
Sector
Global Issuers
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Region
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MLA:
S&P Global Ratings’ Credit Research. "Fidelity National Information Services Inc.'s $4.3 Billion In Issuances Are Rated 'BBB'" May 01, 2015. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Fidelity-National-Information-Services-Inc-s-4-3-Billion-In-Issuances-Are-Rated-BBB-1396896>
  
APA:
S&P Global Ratings’ Credit Research. (). Fidelity National Information Services Inc.'s $4.3 Billion In Issuances Are Rated 'BBB' May 01, 2015. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Fidelity-National-Information-Services-Inc-s-4-3-Billion-In-Issuances-Are-Rated-BBB-1396896>
  
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