Filed Pursuant to Rule 433
Registration Statement No. 333-291270
March 5, 2026
Global Payments Inc.
$500,000,000 4.550% Senior Notes due 2028
$500,000,000 5.400% Senior Notes due 2033
Pricing Term Sheet
| Issuer: | Global Payments Inc. | |
| Format: | SEC Registered | |
| Trade Date: | March 5, 2026 | |
| Settlement Date (T+5): | March 12, 2026 | |
| Joint Book-Running Managers: | Barclays Capital Inc. | |
| BofA Securities, Inc. | ||
| J.P. Morgan Securities LLC | ||
| CapitalOne Securities, Inc. | ||
| Citigroup Global Markets Inc. | ||
| HSBC Securities (USA) Inc. | ||
| PNC Capital Markets LLC | ||
| TD Securities (USA) LLC | ||
| Truist Securities, Inc. | ||
| Wells Fargo Securities, LLC | ||
| Co-Managers: | BMO Capital Markets Corp. | |
| CIBC World Markets Corp. | ||
| Citizens JMP Securities, LLC | ||
| Fifth Third Securities, Inc. | ||
| U.S. Bancorp Investments, Inc. | ||
| CaixaBank, S.A. | ||
| Deutsche Bank Securities Inc. | ||
| Morgan Stanley & Co. LLC | ||
| Regions Securities LLC | ||
| Synovus Securities, Inc. |
Terms Applicable to
$500,000,000 4.550% Senior Notes due 2028
| Principal Amount: | $500,000,000 | |
| Maturity Date: | March 15, 2028 | |
| Interest Payment Dates: | March 15 and September 15 of each year, beginning September 15, 2026 | |
| Benchmark Treasury: | 3.375% UST due February 29, 2028 | |
| Benchmark Treasury Price / Yield: | 99-19 / 3.589% |
| Spread to Benchmark Treasury: | T+98 bps | |
| Yield to Maturity: | 4.569% | |
| Coupon: | 4.550% | |
| Price to Public: | 99.964% of the principal amount | |
| Optional Redemption: | Prior to March 15, 2028, make-whole call as set forth in the preliminary prospectus supplement (T+15 bps). | |
| Minimum Denominations: | $2,000 and any integral multiple of $1,000 in excess thereof. | |
| Proceeds (before expenses): | $499,820,000 | |
| CUSIP / ISIN: | 37940XBA9 / US37940XBA90 |
Terms Applicable to
$500,000,000 5.400% Senior Notes due 2033
| Principal Amount: | $500,000,000 | |
| Maturity Date: | March 15, 2033 | |
| Interest Payment Dates: | March 15 and September 15 of each year, beginning September 15, 2026 | |
| Benchmark Treasury: | 3.750% UST due February 28, 2033 | |
| Benchmark Treasury Price / Yield: | 98-31 ¼ / 3.919% | |
| Spread to Benchmark Treasury: | T+150 bps | |
| Yield to Maturity: | 5.419% | |
| Coupon: | 5.400% | |
| Price to Public: | 99.890% of the principal amount | |
| Optional Redemption: | Prior to January 15, 2033, make-whole call as set forth in the preliminary prospectus supplement (T+25 bps). | |
| On or after January 15, 2033, at 100% of the principal amount plus accrued and unpaid interest thereon to, but excluding, the redemption date as set forth in the preliminary prospectus supplement. | ||
| Minimum Denominations: | $2,000 and any integral multiple of $1,000 in excess thereof. | |
| Proceeds (before expenses): | $499,450,000 | |
| CUSIP / ISIN: | 37940XBB7 / US37940XBB73 |
The Issuer has filed a Registration Statement (including a prospectus) (File No. 333-291270) and a preliminary prospectus supplement with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement for the offering to which this communication relates and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting the SEC’s website at www.sec.gov. Alternatively, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the prospectus supplement if you request them by contacting: Barclays Capital Inc. (toll-free telephone number: (888) 603-5847); BofA Securities, Inc. (telephone number: (800) 294-1322); and J.P. Morgan Securities LLC (telephone number: (212) 834-4533). You are advised to obtain a copy of the prospectus and related prospectus supplement for the offering to which this communication relates and to carefully review the information contained or incorporated by reference therein before making any investment decision.
The Issuer expect to deliver the notes against payment for the notes on or about March 12, 2026, which will be the fifth business day following the date of the pricing of the notes. Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in one business day, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade their notes prior to the business day before the delivery of the notes hereunder will be required, by virtue of the fact that the notes initially will settle in T+5, to specify alternative settlement arrangements to prevent a failed settlement.