Filed Pursuant to Rule 433
Registration Statement No. 333-196419
May 19, 2015
Final Term Sheet
Fiserv, Inc.
$850,000,000 2.700% Senior Notes Due June 1, 2020
$900,000,000 3.850% Senior Notes Due June 1, 2025
| Issuer: | Fiserv, Inc. | |
| Ratings*: | Baa2 (stable) by Moody’s and BBB (stable) by S&P | |
| Format: | SEC Registered | |
| Trade Date: | May 19, 2015 | |
| Settlement Date (T+3): | May 22, 2015 | |
| 2.700% Notes due 2020 | ||
| Principal Amount: | $850,000,000 | |
| Maturity Date: | June 1, 2020 | |
| Interest Payment Dates: | June 1 and December 1 of each year, beginning December 1, 2015 | |
| Benchmark Treasury: | UST 1.375% due April 30, 2020 | |
| Benchmark Price / Yield: | 99-00 / 1.586% | |
| Spread to Benchmark: | T+115 bps | |
| Yield to Maturity: | 2.736% | |
| Coupon: | 2.700% | |
| Price to Public: | 99.832% of the principal amount | |
| Redemption: | At any time prior to May 1, 2020, Make-Whole Call as set forth in the preliminary prospectus supplement (T+20 bps). At any time on or after May 1, 2020, 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 AN8 / US337738AN81 | |
| 3.850% Notes due 2025 | ||
| Principal Amount: | $900,000,000 | |
| Maturity Date: | June 1, 2025 | |
| Interest Payment Dates: | June 1 and December 1 of each year, beginning December 1, 2015 | |
| Benchmark Treasury: | UST 2.125% due May 15, 2025 | |
| Benchmark Price / Yield: | 98-26 / 2.258% | |
| Spread to Benchmark: | T+160 bps | |
| Yield to Maturity: | 3.858% | |
| Coupon: | 3.850% | |
| Price to Public: | 99.933% of the principal amount | |
| Redemption: | At any time prior to March 1, 2025, Make-Whole Call as set forth in the preliminary prospectus supplement (T+25 bps). At any time on or after March 1, 2025, 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 AP3 / US337738AP30 | |
| *** | ||
| Joint Book-Running Managers: | Merrill Lynch, Pierce, Fenner & Smith Incorporated Wells Fargo Securities, LLC Mitsubishi UFJ Securities (USA), Inc. U.S. Bancorp Investments, Inc. PNC Capital Markets LLC SunTrust Robinson Humphrey, Inc. J.P. Morgan Securities LLC | |
| Co-Managers: | Credit Suisse Securities (USA) LLC RBS Securities Inc. SMBC Nikko Securities America, Inc. TD Securities (USA) LLC The Williams Capital Group, L.P. BB&T Capital Markets, a division of BB&T Securities, LLC BMO Capital Markets Corp. The Huntington Investment Company KeyBanc Capital Markets Inc. Comerica Securities, Inc. Wedbush Securities 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 Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 or by email to dg.prospectus_requests@baml.com or by calling Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or by email to wfscustomerservice@wellsfargo.com.