tm267259-2_424b5 - none

424B5 1 tm267259-2_424b5.htm 424B5 tm267259-2_424b5 - none - 5.9531755s

Filed Pursuant to Rule 424(b)(5)

Registration No. 333-291270

PROSPECTUS SUPPLEMENT
(To Prospectus dated November 5, 2025)

$1,000,000,000

$500,000,000 4.550% Senior Notes due 2028
$500,000,000 5.400% Senior Notes due 2033

Global Payments Inc. (“Global Payments” or the “Company”) is offering $500,000,000 principal amount of its 4.550% Senior Notes due 2028 (the “2028 notes”) and $500,000,000 principal amount of its 5.400% Senior Notes due 2033 (the “2033 notes” and, together with the 2028 notes, the “notes”). The 2028 notes will mature on March 15, 2028, and the 2033 notes will mature on March 15, 2033, in each case, unless earlier redeemed or repurchased by us. Global Payments will pay interest on the notes semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2026.

The Company may, at its option, redeem each series of the notes, in whole or in part, at any time and from time to time at the applicable redemption prices described in this prospectus supplement in “Description of the Notes — Optional redemption.” The Company must offer to repurchase the notes upon the occurrence of a Change of Control Repurchase Event (as defined in “Description of the Notes — Change of control”) at the price described in this prospectus supplement in “Description of the Notes — Change of control.”

Each series of the notes is a new issue of securities with no established trading market. The Company has no intention to apply to list the notes on any securities exchange or to seek their admission to trading on any automated quotation system.

Investing in the notes involves risks. See section entitled “Risk Factors” beginning on page S-4 of this prospectus supplement and the risk factors incorporated by reference into this prospectus supplement and the accompanying prospectus.

Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

	Price to Public(1)					Underwriting Discounts					Proceeds to Global Payments Before Expenses
	Per Note		Total			Per Note		Total			Per Note		Total
Per 2028 note		99.964%		$	499,820,000		0.300%		$	1,500,000		99.664%		$	498,320,000
Per 2033 note		99.890%		$	499,450,000		0.625%		$	3,125,000		99.265%		$	496,325,000
Total				$	999,270,000				$	4,625,000				$	994,645,000

(1)

Plus accrued interest if any, from March 12, 2026, if settlement occurs after that date.

We expect to deliver the notes to investors in registered book-entry only form through the facilities of The Depository Trust Company (“DTC”) on or about March 12, 2026. Beneficial interests in the notes will be shown on, and transfers thereof will be effected only through, records maintained by DTC and its direct and indirect participants, including Clearstream Banking, S.A. and Euroclear Bank S.A./N.V., as operator of the Euroclear System.

Joint Book-Running Managers

Barclays

BofA Securities

J.P. Morgan

CapitalOne Securities

Citigroup

HSBC

PNC Capital Markets LLC

TD Securities

Truist Securities

Wells Fargo Securities

Co-Managers

BMO Capital Markets

CIBC Capital Markets

Citizens Capital Markets

Fifth Third Securities

US Bancorp

CaixaBank

Deutsche Bank Securities

Morgan Stanley

Regions Securities LLC

Synovus

The date of this prospectus supplement is March 5, 2026.

	Page
ABOUT THIS PROSPECTUS SUPPLEMENT		S-ii
WHERE YOU CAN FIND MORE INFORMATION		S-iii
FORWARD-LOOKING STATEMENTS		S-v
SUMMARY		S-1
RISK FACTORS		S-4
USE OF PROCEEDS		S-7
CAPITALIZATION		S-8
DESCRIPTION OF THE NOTES		S-9
CERTAIN U.S. FEDERAL INCOME TAX CONSIDERATIONS		S-26
UNDERWRITING		S-30
VALIDITY OF THE NOTES		S-36
EXPERTS		S-36

	Page
ABOUT THIS PROSPECTUS		1
WHERE YOU CAN FIND MORE INFORMATION		2
FORWARD-LOOKING STATEMENTS		3
THE COMPANY		3
INDUSTRY AND MARKET DATA		4
RISK FACTORS		4
USE OF PROCEEDS		4
DESCRIPTION OF DEBT SECURITIES, COMMON STOCK, PREFERRED STOCK AND DEPOSITARY SHARES		4
LEGAL MATTERS		4
EXPERTS		5

	As of December 31, 2025
(in thousands)	Actual			As Adjusted
	(unaudited)
Revolving Credit Facility		$	1,515,000		$	2,294,180
Existing senior notes(1)			16,344,627			14,492,121
Convertible notes(1)			3,445,436			3,445,436
Commercial paper			—			—
Notes offered hereby:
4.550% Senior Notes due 2028			—			500,000
5.400% Senior Notes due 2033			—			500,000
Finance lease liabilities			29,745			29,745
Other borrowings			273,005			273,005
Total debt (including current maturities)			21,607,813			21,534,487
Total equity			23,578,478			23,578,478
Total capitalization		$	45,186,291		$	45,112,965

Underwriter	Principal Amount of 2028 Notes			Principal Amount of 2033 Notes
Barclays Capital Inc.		$	100,000,000		$	100,000,000
BofA Securities, Inc.			100,000,000			100,000,000
J.P. Morgan Securities LLC			100,000,000			100,000,000
CapitalOne Securities, Inc.			20,000,000			20,000,000
Citigroup Global Markets Inc.			20,000,000			20,000,000
HSBC Securities (USA) Inc.			20,000,000			20,000,000
PNC Capital Markets LLC			20,000,000			20,000,000
TD Securities (USA) LLC			20,000,000			20,000,000
Truist Securities, Inc.			20,000,000			20,000,000
Wells Fargo Securities, LLC			20,000,000			20,000,000
BMO Capital Markets Corp.			7,500,000			7,500,000
CIBC World Markets Corp.			7,500,000			7,500,000
Citizens JMP Securities, LLC			7,500,000			7,500,000
Fifth Third Securities, Inc.			7,500,000			7,500,000
U.S. Bancorp Investments, Inc.			7,500,000			7,500,000
CaixaBank, S.A.			5,000,000			5,000,000
Deutsche Bank Securities Inc.			5,000,000			5,000,000
Morgan Stanley & Co. LLC			5,000,000			5,000,000
Regions Securities LLC			5,000,000			5,000,000
Synovus Securities, Inc.			2,500,000			2,500,000
Total:		$	500,000,000		$	500,000,000

SEC Form 424B5 filed by Global Payments Inc.