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Moody's affirms Fidelity National Information Services following Worldpay deal
Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Moody's affirmed Fidelity National Information Services Inc.'s Baa2 senior unsecured rating and P-2 short term rating, following the company's announcement of its deal with payments processor Worldpay Inc.
The ratings outlook is stable.
According to the rating agency, the acquisition of Worldpay is credit positive because it combines industry leaders in bank payment processing and merchant acquiring and will lead to a stronger business profile than that of stand-alone Fidelity.