Global Payments Raises $6.2 Billion to Fund Worldpay Deal

Global Payments Inc. sold $6.2 billion bonds to help fund its acquisition of Worldpay Inc., joining a wave of borrowers that have helped propel global bond issuance to a record high.

The four-part debt offering has tenors ranging from three to 10 years, according to a person with knowledge of the matter. The 10-year notes sold at 1.5 percentage points above Treasuries, versus initial talk of about 1.75 percentage points, the person said.