Global Payments Expands Financing Capability With New Credit Facility Agreement in Support of Growth Initiatives (December 8th, 2010)
ATLANTA, December 7, 2010 Global Payments Inc. (NYSE: GPN), a leading worldwide provider of electronic transaction processing solutions, announced today the closing of a five-year, $600 million revolving credit agreement with a syndicate of financial institutions. The revolver agreement expires in December 2015 and carries a short-term variable interest rate plus a leverage-based margin. In addition, the agreement allows the company to expand the facility size to $750 million by requesting additional commitments from existing or new lenders.
Global Payments Completes Sale of Its Money Transfer Businesses (May 28th, 2010)
Atlanta May 26, 2010 Global Payments Inc. (NYSE: GPN), a leading provider of electronic transaction processing solutions, announced today that it has completed the divestiture of its DolEx- and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners, LLC.