Research Update: Fidelity National Information Services Inc. $4 Billion Commercial Paper Program Assigned 'A-2' Rating - S&P Global Ratings’ Credit Research

Research Update: Fidelity National Information Services Inc. $4 Billion Commercial Paper Program Assigned 'A-2' Rating

Research Update: Fidelity National Information Services Inc. $4 Billion Commercial Paper Program Assigned 'A-2' Rating - S&P Global Ratings’ Credit Research
Research Update: Fidelity National Information Services Inc. $4 Billion Commercial Paper Program Assigned 'A-2' Rating
Published Sep 24, 2018
5 pages (1589 words) — Published Sep 24, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Banking and payments technology and outsourcing solutions provider Fidelity National Information Services Inc. (FIS) has announced a new $4 billion commercial paper program. The company is also upsizing its revolving credit facility to $4 billion and extending its maturity to 2023. We are assigning our 'A-2' short-term rating to the company's proposed commercial paper program. On Sept. 24, 2018, S&P Global Ratings assigned its 'A-2' short-term issuer credit rating to Fidelity National Information Services Inc. and its 'A-2' short-term rating to its proposed $4 billion commercial paper program. At the same time, we affirmed our long-term 'BBB' issuer credit rating on FIS and our 'BBB' issue-level rating on its unsecured debt. The outlook remains stable. Our rating on FIS factors

  
Brief Excerpt:

...+ Banking and payments technology and outsourcing solutions provider Fidelity National Information Services Inc. (FIS) has announced a new $4 billion commercial paper program. + The company is also upsizing its revolving credit facility to $4 billion and extending its maturity to 2023. + We are assigning our 'A-2' short-term rating to the company's proposed commercial paper program....

  
Report Type:

Research Update

Ticker
Issuer
GICS
Data Processing & Outsourced Services (45102020)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Fidelity National Information Services Inc. $4 Billion Commercial Paper Program Assigned 'A-2' Rating" Sep 24, 2018. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fidelity-National-Information-Services-Inc-4-Billion-Commercial-Paper-Program-Assigned-A-2-Rating-2104282>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Fidelity National Information Services Inc. $4 Billion Commercial Paper Program Assigned 'A-2' Rating Sep 24, 2018. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fidelity-National-Information-Services-Inc-4-Billion-Commercial-Paper-Program-Assigned-A-2-Rating-2104282>
  
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