Worldpay repays, terminates loan agreement following FIS merger

By Sarah Lizee

Olympia, Wash., July 31 – Worldpay, Inc. repaid and terminated all commitments under its loan agreement in connection with its acquisition by Fidelity National Information Services, Inc., according to an 8-K filing with the Securities and Exchange Commission.

No prepayment premium or early termination penalties were incurred by Worldpay or any of its subsidiaries, subject to customary breakage costs payable with respect to Libor-denominated loans.

Morgan Stanley Senior Funding, Inc. was the administrative agent.

Worldpay is a Cincinnati-based provider of payment processing services.

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