Global Payments Secures $7.25 Billion Credit for Worldpay Acquisition
Deal News | May 15, 2025 | Wachtell, Lipton, Rosen & Katz
On May 15, 2025, Global Payments Inc., a leading payment technology company, announced that it has secured a $7.25 billion revolving credit facility. The credit facility is intended to finance its pending acquisition of Worldpay, a major competitor in the payment processing industry. This strategic acquisition is expected to enhance Global Payments' market position by expanding its scale and capabilities. Wachtell, Lipton, Rosen & Katz, a prominent law firm known for its expertise in corporate finance, facilitated the arrangement of the credit facility for Global Payments.
Sectors
- Financial Services
- Legal Services
Geography
- United States – Global Payments Inc. is an American company, and the law firm Wachtell, Lipton, Rosen & Katz is based in the United States.
Industry
- Financial Services – The article involves Global Payments and Worldpay, companies that operate within the financial services sector, specifically in payment processing.
- Legal Services – Wachtell, Lipton, Rosen & Katz, a law firm involved in the deal, represents the legal services industry which plays a crucial role in structuring and advising the transaction.
Financials
- $7.25 billion – The amount of the revolving credit facility secured by Global Payments to fund the acquisition of Worldpay.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Global Payments Inc. | Acquiring Company | Company | A leading company in payment technology and services facilitating digital commerce globally. |
| Worldpay | Target Company | Company | A prominent firm in payment processing targeted for acquisition by Global Payments. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | A well-known law firm advising Global Payments on its revolving credit facility for the acquisition. |