Filed Pursuant to Rule 433
Registration Statement No. 333-227436
September 20, 2018
Final Term Sheet
Fiserv, Inc.
$1,000,000,000 3.800% Senior Notes Due October 1, 2023
$1,000,000,000 4.200% Senior Notes Due October 1, 2028
| Issuer: | Fiserv, Inc. | |
| Ratings*: | Baa2 (stable) by Moody’s and BBB (stable) by S&P | |
| Format: | SEC Registered | |
| Trade Date: | September 20, 2018 | |
| Settlement Date (T+3): | September 25, 2018 | |
| 3.800% Notes due 2023 | ||
| Principal Amount: | $1,000,000,000 | |
| Maturity Date: | October 1, 2023 | |
| Interest Payment Dates: | April 1 and October 1 of each year, beginning April 1, 2019 | |
| Benchmark Treasury: | UST 2.750% due August 31, 2023 | |
| Benchmark Treasury Price / Yield: | 99-01 1⁄4 / 2.960% | |
| Spread to Benchmark Treasury: | T+85 bps | |
| Yield to Maturity: | 3.810% | |
| Coupon: | 3.800% | |
| Price to Public: | 99.954% of the principal amount | |
| Optional Redemption: | At any time prior to September 1, 2023, Make-Whole Call as set forth in the preliminary prospectus supplement (T+15 bps). At any time on or after September 1, 2023, at 100% of the principal amount plus accrued and unpaid interest to, but not including, 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 | |
| CUSIP / ISIN: | 337738 AQ1 / US337738AQ13 | |
| 4.200% Notes due 2028 | ||
| Principal Amount: | $1,000,000,000 | |
| Maturity Date: | October 1, 2028 | |
| Interest Payment Dates: | April 1 and October 1 of each year, beginning April 1, 2019 | |
| Benchmark Treasury: | UST 2.875% due August 15, 2028 | |
| Benchmark Treasury Price / Yield: | 98-10 / 3.074% | |
| Spread to Benchmark Treasury: | T+115 bps | |
| Yield to Maturity: | 4.224% | |
| Coupon: | 4.200% | |
| Price to Public: | 99.805% of the principal amount | |
| Optional Redemption: | At any time prior to July 1, 2028, Make-Whole Call as set forth in the preliminary prospectus supplement (T+20 bps). At any time on or after July 1, 2028, at 100% of the principal amount plus accrued and unpaid interest to, but not including, 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 | |
| CUSIP / ISIN: | 337738 AR9 / US337738AR95
*** | |
| Joint Book-Running Managers: | Wells Fargo Securities, LLC U.S. Bancorp Investments, Inc. J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated MUFG Securities Americas Inc. PNC Capital Markets LLC SunTrust Robinson Humphrey, Inc. | |
| Co-Managers: | BMO Capital Markets Corp. Citizens Capital Markets, Inc. Credit Suisse Securities (USA) LLC TD Securities (USA) LLC BB&T Capital Markets, a division of BB&T Securities, LLC The Williams Capital Group, L.P. The Huntington Investment Company KeyBanc Capital Markets Inc. Comerica Securities, Inc. Samuel A. Ramirez & Company, Inc. | |
*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The Issuer has filed a Registration Statement (including a prospectus) 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 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 EDGAR on the SEC website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and preliminary prospectus supplement if you request it by calling Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or by email to wfscustomerservice@wellsfargo.com or U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607.
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