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Jun 16, 2026 12:00 PM

Activist Investor Pressure? Fiserv Refinances 'US Dollar Debt' Amid CEO Exit

Fiserv, Inc. (NASDAQ:FISV) shares are slightly up during Tuesday’s premarket session. The company has announced the launch of tender offers to repurchase two series of its outstanding debt.

This move comes amid a mixed market backdrop, with the Nasdaq showing slight gains while the S&P 500 is nearly flat.

Move To Refinance Debt

The company is offering to buy back all of its $750 million 5.150% senior notes due 2027 and $2.0 billion 4.400% senior notes due 2049.

The tender offers are set to expire at 5:00 p.m. New York time on June 23, 2026, unless extended or terminated earlier, with holders allowed to withdraw their submissions prior to the deadline.

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The company expects the settlement on June 26, 2026, when Fiserv plans to purchase all validly tendered and accepted notes, subject to customary conditions.

How Will Fiserv Retire The Debt?

As of the first quarter of 2026, Fiserv had $2.25 billion in cash and equivalents on its balance sheet.

Fiserv ...