Global Payments Inc. Announces Pricing and Sale of \$500 Million Senior Notes Due 2031

ATLANTA, March 5, 2026 – Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, has announced the successful pricing and sale of its new senior notes offering, a move that could have significant implications for investors and the company’s future strategic direction.

Key Details of the Offering

• Offering Size: \$500,000,000 aggregate principal amount.
• Security: 4.875% Senior Notes due 2031.
• Issue Price: 99.89% of principal amount.
• Interest Payment Dates: Semi-annually on May 15 and November 15 of each year, beginning November 15, 2026.
• Maturity Date: May 15, 2031.
• Use of Proceeds: Net proceeds (before expenses) of \$499,450,000 will be used as described in the prospectus, primarily for general corporate purposes and not, except as disclosed, to repay outstanding debt owed to any affiliate of the underwriters.
• Expected Listing: The notes are expected to be listed on the New York Stock Exchange under CUSIP 37940XBB7 and ISIN US37940XBB73.

Underwriting Syndicate

The underwriting syndicate is led by major financial institutions including:

• Barclays Capital Inc.
• BofA Securities, Inc.
• J.P. Morgan Securities LLC
• Co-managers include CapitalOne Securities, Citigroup Global Markets, HSBC Securities (USA), PNC Capital Markets, TD Securities (USA), Truist Securities, Wells Fargo Securities, BMO Capital Markets, CIBC World Markets, Citizens JMP Securities, Fifth Third Securities, U.S. Bancorp Investments, Morgan Stanley, Regions Securities, Synovus Securities, CaixaBank, and Deutsche Bank Securities.

Key Points for Shareholders

• Capital Structure Impact: The issuance of \$500 million in senior notes will increase Global Payments’ long-term debt, which may affect leverage ratios and interest coverage metrics.
• Interest Rate Environment: The notes were priced at a fixed rate of 4.875%, reflecting current market conditions and the company’s credit profile.
• No Immediate Dilution: As this is a debt offering, there is no immediate dilution to existing shareholders.
• Use of Proceeds: The company indicates the funds will be used for general corporate purposes, which could include strategic acquisitions, working capital, or other corporate initiatives. The company explicitly states it does not intend to use the proceeds to repay any outstanding debt owed to affiliates of the underwriters, unless otherwise disclosed.
• Financial Health: The prospectus representations confirm that, as of the most recent audited financial statements, the company and its subsidiaries have no material adverse changes in financial condition, results, or operations, and are in compliance with all significant legal, regulatory, and financial reporting requirements.
• Credit Ratings: No “nationally recognized statistical rating organization” has indicated any negative action regarding the company’s debt ratings in connection with this offering.
• Internal Controls and Compliance: The company asserts that its internal controls, financial disclosures, and reporting procedures are effective and that there are no material weaknesses in its financial reporting structure.
• No Material Legal Proceedings: There are no pending or threatened legal or governmental proceedings that would have a material adverse effect on the company or prevent the consummation of this transaction.

Potential Price-Sensitive Considerations

• Additional Debt Load: The increased long-term debt may affect future earnings through higher interest expense and could impact the company’s balance sheet ratios, which investors should monitor for implications on credit ratings or borrowing costs.
• Strategic Flexibility: The use of proceeds for general corporate purposes may signal potential investments, acquisitions, or business expansions, which could be value-accretive or signal management’s confidence in future growth.
• Interest Rate Lock-In: Securing a sub-5% rate for five years could be advantageous if interest rates rise in the future, potentially providing the company with a competitive cost of capital.
• No Immediate Dilution: The non-dilutive nature of the debt offering is generally favorable for existing shareholders as it does not increase the outstanding share count.

Important Legal and Regulatory Disclosures

• The offering has been registered with the Securities and Exchange Commission (SEC) under Registration Statement No. 333-291270. Investors are encouraged to review the full prospectus and related documentation, available on the SEC website, for detailed terms and risk factors.
• The company and its subsidiaries are compliant in all material respects with applicable financial, regulatory, anti-money laundering, and tax requirements.
• There are no new or unresolved tax deficiencies that would have a material adverse effect on the company.
• All internal controls over financial reporting have been reviewed and are deemed effective, with no undisclosed material weaknesses.

Contact and Additional Information

For further details, investors can contact the lead underwriters:

• Barclays Capital Inc. (toll-free: (888) 603-5847)
• BofA Securities, Inc. (toll-free: (800) 294-1322)
• J.P. Morgan Securities LLC (tel: (212) 834-4533)

The official prospectus and related supplements can be accessed at the SEC’s website.

Conclusion

This senior notes offering by Global Payments Inc. enhances the company’s liquidity position and provides further flexibility for strategic initiatives. While the additional debt increases leverage, the company’s strong compliance and disclosure controls, as well as the absence of negative financial or legal developments, could be viewed positively by investors. The pricing and terms of the notes, in the current interest rate environment, suggest confidence in the company’s creditworthiness and future prospects. Shareholders should monitor the company’s subsequent use of these funds and the impact on leverage and profitability metrics.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Investors should review the full prospectus and consult with their financial advisor before making any investment decisions. The author has prepared this summary based on public filings and has made reasonable efforts to ensure accuracy, but cannot guarantee the completeness or timeliness of the information provided.

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