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CEY Certegy

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Share Name Share Symbol Market Type
Certegy NYSE:CEY NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Certegy Announces Special Dividend Bridge Loan and Record Date

31/01/2006 9:04pm

PR Newswire (US)


Certegy (NYSE:CEY)
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ST. PETERSBURG, Fla., Jan. 31 /PRNewswire-FirstCall/ -- Certegy Inc. (NYSE:CEY) announced today that in anticipation of its proposed combination with Fidelity National Information Services, Inc., a majority-owned subsidiary of Fidelity National Financial, Inc. (NYSE:FNF), becoming effective at 12:01 a.m. tomorrow, Certegy has closed a bridge loan in the amount of $250 million for the purpose of funding the previously announced special cash dividend of $3.75 per share. The special dividend will be paid, subject to and conditional on the effectiveness of the combination with Fidelity National Information Services, as soon as practicable thereafter to Certegy holders of record as of the close of business today. After the effective time of the transaction, Certegy will be renamed "Fidelity National Information Services, Inc." and its shares will trade under the ticker symbol 'FIS' on the New York Stock Exchange. About Certegy Inc. Certegy Inc. (NYSE:CEY) provides credit and debit processing, check risk management and check cashing services, merchant processing and e-banking services to over 6,000 financial institutions, 100,000 retailers and 100 million consumers worldwide. Headquartered in St. Petersburg, Florida, Certegy maintains a strong global presence with operations in the United States, United Kingdom, Ireland, France, Chile, Brazil, Australia, New Zealand, Thailand and the Caribbean. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, check risk management solutions and integrated customer support programs that facilitate the exchange of business and consumer payments. Certegy generated over $1.1 billion in revenue in 2005. For more information on Certegy, please visit http://www.certegy.com/. Forward-Looking Statements The statements in this release include forward-looking statements that are based on current expectations, assumptions, estimates, and projections about Certegy and our industry. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of Certegy's control that may cause actual results to differ significantly from what is expressed in those statements. Factors that could, either individually or in the aggregate, affect our performance include: our reliance on a small number of business segments and strategic relationships; our ability to comply with bankcard association rules and government regulations; the sensitivity of our business to the economy; declines in check writing; and other factors described in detail in the section entitled "Certain Factors Affecting Forward-Looking Statements" in our 2004 Annual Report on Form 10-K filed on March 11, 2005, with the SEC. First Call Analyst: FCMN Contact: DATASOURCE: Certegy Inc. CONTACT: Mary Waggoner, SVP - Investor Relations of Certegy Inc., +1-678-867-8004 Web site: http://www.certegy.com/

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