Report
EUR 167.04 For Business Accounts Only

Moody's withdraws First Data's ratings upon closing of acquisition

Rating Action: Moody's withdraws First Data's ratings upon closing of acquisition. Global Credit Research- 31 Jul 2019. New York, July 31, 2019-- Moody's Investors Service withdrew all the ratings for First Data Corporation upon the closing of the acquisition of First Data by Fiserv, Inc. and the repayment of First Data's rated debt instruments.
Underlying
First Data Corporation Class A

First Data engages in commerce-enabling technology and solutions for merchants, financial institutions, and card issuers. The company's segments are: Global Business Solutions, which provides retail point-of-sale (POS) merchant acquiring and eCommerce services as well as offerings such as mobile payment services and cloud-based Clover POS operating system; Global Financial Solutions, which provides credit, retail private-label, commercial card as well as licensed financial software systems; and Network & Security Solutions, which provides electronic funds transfer network solutions, debit card processing solutions, stored value network solutions, and security and fraud solutions.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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