Filed Pursuant to Rule 433
Registration Statement No. 333-232933
May 7, 2020
Global Payments Inc.
$1,000,000,000 2.900% Senior Notes Due 2030
Issuer: |
Global Payments Inc. | |
Principal Amount: |
$1,000,000,000 | |
Maturity Date: |
May 15, 2030 | |
Interest Payment Dates: |
May 15 and November 15 of each year, beginning November 15, 2020 | |
Benchmark Treasury: |
1.500% UST due February 15, 2030 | |
Benchmark Treasury Price / Yield: |
108-05 / 0.638% | |
Spread to Benchmark Treasury: |
T+ 230 bps | |
Yield to Maturity: |
2.938% | |
Coupon: |
2.900% | |
Price to Public: |
99.673% of the principal amount | |
Optional Redemption: |
At any time prior to February 15, 2030 make-whole call as set forth in the preliminary prospectus supplement (T+35 bps).
At any time on or after February 15, 2030, 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. | |
Net Proceeds (before expenses): |
$990,230,000 | |
Format: |
SEC Registered |
Trade Date: |
May 7, 2020 | |
Settlement Date (T+6): |
May 15, 2020 | |
Joint Book-Running Managers: |
BofA Securities, Inc. J.P. Morgan Securities LLC | |
Capital One Securities, Inc. Goldman Sachs & Co. LLC MUFG Securities Americas Inc. PNC Capital Markets LLC SunTrust Robinson Humphrey, Inc. TD Securities (USA) LLC Wells Fargo Securities, LLC | ||
Senior Co-Manager: |
Fifth Third Securities, Inc. | |
Co-Managers: |
Barclays Capital Inc. BMO Capital Markets Corp. CIBC World Markets Corp. Citizens Capital Markets, Inc. HSBC Securities (USA) Inc. Mizuho Securities USA LLC Regions Securities LLC Scotia Capital (USA) Inc. Synovus Securities, Inc. U.S. Bancorp Investments, Inc. | |
CUSIP / ISIN: |
37940X AD4 / US37940XAD49 |
The Issuer has filed a Registration Statement (including a prospectus) (File No. 333-232933) 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 SECs 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: BofA Securities, Inc., NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, N.C. 28255-0001, Attn: Prospectus Department (email: dg.prospectus_requests@bofa.com; telephone number: 1-800-294-1322); or J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor (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.