fidelity national informatio (FIS) Key Developments
FIS Announces Quarterly Dividend, Payable on September 30, 2014
Jul 22 14
FIS announced a regular quarterly dividend of $0.24 per common share. The dividend is payable on September 30, 2014, to company's shareholders of record as of close of business September 16, 2014.
FIS Provides Comprehensive Suite of Technology and Consulting Solutions to Umpqua Bank
Jun 17 14
FIS announced that it will provide a comprehensive suite of technology and consulting solutions to Umpqua Bank. Umpqua Bank's recent merger with Sterling Bank has created the West Coast's community bank. The combined organization will serve its customers, communities and shareholders with expanded resources and geographic reach. In an effort to continue to enhance their pioneering customer experience and provide for their planned growth, Umpqua has chosen to move to FIS' scalable core solution. Under the terms of the multi-year agreement, FIS' core solution will serve as the foundation for an enterprise-wide transformation. FIS' open systems approach will provide long-term flexibility for Umpqua as the company continues to evolve its customer experience and enhance its products and services. Umpqua also will use FIS solutions to streamline its business process improvement initiatives and operations across its retail and commercial lines of business. To accomplish this, FIS is providing a powerful suite of retail, commercial and treasury solutions, and helping to drive a paperless environment with various capture and image technologies.
Ellen Alemany Joins FIS' Board of Directors
Jun 16 14
FIS announced that Ellen Alemany has joined the company's board of directors. A former head of RBS Americas, and Chair and CEO of RBS' Citizens Financial Group, Alemany has more than 35 years of experience in the financial industry. Alemany is a former member of the Federal Reserve Advisory Board and a current board member at ADP and CIT.
FIS Completes its Issuance and Sale of $300 Million in Aggregate Principal Amount of 1.450% Senior Notes Due 2017 and $700 Million in Aggregate Principal Amount of 3.875% Senior Notes Due 2024
Jun 3 14
On June 3, 2014, FIS completed its issuance and sale of $300 million in aggregate principal amount of FIS' 1.450% Senior Notes due 2017 and $700 million in aggregate principal amount of FIS' 3.875% Senior Notes due 2024. The Notes were issued pursuant to an Indenture dated as of April 15, 2013, among FIS, The Bank of New York Mellon Trust Company, N.A., as trustee and the Guarantors, as supplemented by the Third Supplemental Indenture with respect to the 2017 Notes, dated as of June 3, 2014, among FIS, the Trustee and the Guarantors, and as supplemented by the Fourth Supplemental Indenture with respect to the 2024 Notes, dated as of June 3, 2014, among FIS, the Trustee and the Guarantors. The Notes are guaranteed by certain subsidiaries of FIS identified therein.
Fidelity National Information Services Announces Pricing of Senior Notes Offering
May 27 14
Fidelity National Information Services announced the pricing of its sale of $300 million in aggregate principal amount of 1.450% senior notes due 2017 and $700 million in aggregate principal amount of 3.875% senior notes due 2024. The notes will be guaranteed by certain of the company's subsidiaries. The company intends to use the net proceeds from this offering to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 million of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes. Any remaining proceeds will be used, together with additional borrowings under the company's revolving credit facility, to fund the purchase, through a call for redemption intended to be effective on or about July 15, 2014, of the entire $500 million aggregate principal amount of its 7.875% senior notes due 2020.