Fidelity National Information Services Inc. (FIS), a leading global provider of banking and payment technologies, reported consistently strong operating results and reduced debt levels for the last 12 months (LTM) ended September 2012. FIS recently repaid the remaining $250 million of its outstanding term loans due July 18, 2014. We are raising our corporate credit rating to 'BBB-' from 'BB+'. The stable outlook reflects FIS' strong and consistent operating performance and cash flow, and our expectation that a strategic focus on largely organic growth, and moderate financial policies, will enable the company to maintain leverage at or below 2.5x. NEW YORK (Standard&Poor's) Jan. 17, 2013--Standard&Poor's Ratings Services today raised its corporate credit rating on Jacksonville, Fla.-based
