Fiserv Announces Public Offering (FISV)

Fiserv, Inc. FISV announced today that it had commenced a public offering of its senior notes due 2015 and senior notes due 2020, subject to market and other conditions. Fiserv intends to use the net proceeds of the offering to fund a tender offer for up to $250 million of its 6.125% senior notes due 2012 and to use the remaining net proceeds to repay a portion of its outstanding borrowings under its term loan credit facility.