JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS^™ (NYSE:FIS), one of the world’s largest providers of banking and payments technology, announced today that it has agreed to sell $600 million of 7.625% senior unsecured notes due 2017 and $500 million of 7.875% senior unsecured notes due 2020 (collectively, the "Notes"). The Notes will be guaranteed by certain subsidiaries of FIS. The offerings of the Notes are expected to close on July 16, 2010. The company intends to use the net proceeds of the Notes, together with borrowings under a combination of a new Term Loan B, incremental Term Loan A, revolving credit facility and accounts receivable facility, (1) to repurchase shares of common stock, (2) to repay in full the outstanding amount under, and terminate, the credit facility assumed in connection with the acquisition of Metavante Technologies, Inc. and (3) to pay fees and expenses.

The offerings of the Notes will be made only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will not be registered under the Securities Act and may not be offered or sold without registration unless pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and all applicable state laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.