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Global Payments Plans $6.2 Billion Bond Sale to Fund Worldpay Deal

BY MT Newswires | CORPORATE | 11/06/25 03:09 PM EST

03:09 PM EST, 11/06/2025 (MT Newswires) -- Global Payments (GPN) is raising $6.2 billion through a four-part investment-grade bond offering to finance its purchase of the remaining 55% stake in Worldpay, Bloomberg reported Thursday, citing a person familiar with the matter.

The bonds have maturities between three and 10 years, with the longest yielding 1.5 percentage points above Treasuries, down from earlier guidance of 1.75 points, the media outlet reported.

Proceeds will help fund the $6.1 billion cash component of the Worldpay deal and repay some of its debt, according to the report.

Barclays, Bank of America, and JPMorgan are reportedly leading the bond sale, which is among five US investment-grade offerings launched Thursday.

Global Payments (GPN) bought a 45% stake in Worldpay earlier this year from Fidelity National and agreed to acquire the rest from GTCR in a deal expected to close early next year, according to Bloomberg.

Shares of Global Payments (GPN) were down about 3% in recent trading.

Global Payments (GPN), GTCR, Barclays, Bank of America, and JPMorgan did not immediately respond to MT Newswires' request for comment.

Price: 76.95, Change: -2.25, Percent Change: -2.84

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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