Fidelity National Information Services Inc.'s Senior Unsecured Notes Assigned 'BBB-' Rating - S&P Global Ratings’ Credit Research

Fidelity National Information Services Inc.'s Senior Unsecured Notes Assigned 'BBB-' Rating

Fidelity National Information Services Inc.'s Senior Unsecured Notes Assigned 'BBB-' Rating - S&P Global Ratings’ Credit Research
Fidelity National Information Services Inc.'s Senior Unsecured Notes Assigned 'BBB-' Rating
Published Apr 10, 2013
Published Apr 10, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) April 10, 2013--Standard&Poor's Ratings Services today assigned its 'BBB-' issue-level rating to Fidelity National Information Services Inc.'s (FIS) senior unsecured notes with intermediate maturities. The company intends to use the proceeds from the proposed notes to repay existing debt. We rate the new notes the same as the corporate credit rating on the company. The 'BBB-' corporate credit and other ratings incorporate our assumption that FIS will maintain a "satisfactory" business risk profile, reflecting an increasingly global market position and strong operating margins, and an "intermediate" financial risk profile, supported by balanced financial policies with respect to growth and shareholder returns, and leverage generally at or below 2.5x. In addition, the stable outlook

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Data Processing & Outsourced Services (45102020)
Sector
Global Issuers
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Fidelity National Information Services Inc.'s Senior Unsecured Notes Assigned 'BBB-' Rating" Apr 10, 2013. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Fidelity-National-Information-Services-Inc-s-Senior-Unsecured-Notes-Assigned-BBB-Rating-1113947>
  
APA:
S&P Global Ratings’ Credit Research. (). Fidelity National Information Services Inc.'s Senior Unsecured Notes Assigned 'BBB-' Rating Apr 10, 2013. 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-Senior-Unsecured-Notes-Assigned-BBB-Rating-1113947>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.