Fiserv to Buy Back $2.75 Billion in Senior Notes

MT Newswires Live

06/16

Fiserv (FISV) has launched tender offers to buy all $750 million of 5.15% senior notes due 2027, and all $2 billion of 4.40% senior notes due 2049, the financial services enterprise disclosed Tuesday.

The Fiserv offer will expire at 5 pm ET on June 23.

Separately, Fiserv (FISV) disclosed Monday it has named Takis Georgakopoulos as CEO to succeed Mike Lyons, who stepped down to lead Truist Financial.

Georgakopoulos will join the board of directors after recently serving as co-president, leading the technology and merchant divisions, Fiserv said.

Fiserv shares traded up 0.3% pre-bell, after declining 10.9% on Monday.

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