Fidelity National Information Services’ $2.9 Billion Senior Notes Offering And Tender Offers

Willkie Farr & Gallagher advised FIS on the deal. Nelson Mullins Riley & Scarborough LLP acted as Georgia counsel for Fidelity National Information Services, Inc. Davis Polk advised the representatives of the underwriters in connection with SEC-registered offerings by Fidelity National Information Services, Inc. and also advised the dealer-managers in connection with FIS’s concurrent cash tender offer.

Fidelity National Information Services (“FIS”) (NYSE: FIS) completed its multi-tranche offering of senior notes denominated in Euro and Pounds sterling, consisting of €1,000,000,000 in aggregate principal amount of 0.125% Senior Notes due 2022, €625,000,000 in aggregate principal amount of 0.625% Senior Notes due 2025, €625,000,000 in aggregate principal amount of 1.000% Senior Notes due 2028, in aggregate principal amounts of €2.25 billion, and £300,000,000 in aggregate principal amount of 2.250% Senior Notes due 2029.

The joint book-running managers for the offerings were led by J.P Morgan, Merrill Lynch, MUFG and Wells Fargo.

In addition, FIS commenced a cash tender offer to purchase any and all of its outstanding 3.625% senior notes due 2020, 2.250% senior notes due 2021 and 4.500% senior notes due 2022, and up to an aggregate maximum repurchase amount of $811,972,000 of its outstanding 5.000% senior notes due 2025, 4.750% senior notes due 2048 and 4.500% senior notes due 2046. The concurrent cash tender offer was funded with the proceeds of the notes offerings.

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Its 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying its scale, deep expertise and data-driven insights. FIS helps its clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500 Index.

The Willkie team was led by partners Robert Rachofsky (Picture) and Benjamin Nixon, with assistance from U.K. partner Jennifer Tait and associate Julian Golay. Partner Christopher Peters and counsel Catherine Harrington provided tax advice.

The Davis Polk capital markets team included partner Derek Dostal and associates Ida Araya-Brumskine, Daniel Chao and Sean Michael Pinckney. The tax team included counsel Alon Gurfinkel and associate Summer Xia. Partner Frank J. Azzopardi and associate Yifu Chen provided intellectual property and technology advice.

Involved fees earner: Ida Araya-Brumskine – Davis Polk & Wardwell; Frank Azzopardi – Davis Polk & Wardwell; Daniel Chao – Davis Polk & Wardwell; Yifu Chen – Davis Polk & Wardwell; Derek Dostal – Davis Polk & Wardwell; Alon Gurfinkel – Davis Polk & Wardwell; Sean Michael Pinckney – Davis Polk & Wardwell; Summer Xia – Davis Polk & Wardwell; Julian Golay – Willkie Farr & Gallagher; Catherine Harrington – Willkie Farr & Gallagher; Benjamin Nixon – Willkie Farr & Gallagher; Christopher Peters – Willkie Farr & Gallagher; Robert Rachofsky – Willkie Farr & Gallagher; Jennifer Tait – Willkie Farr & Gallagher;

Law Firms: Davis Polk & Wardwell; Willkie Farr & Gallagher;

Clients: Fidelity National Information Services, Inc. (FIS); JP Morgan Securities; Merrill Lynch International; MUFG; Wells Fargo;