Debt ManagementA $0.5b 1.5% note comes due 11/15/24 and $1b 2.65% note comes due 2/15/25, which is about 10% of total notes at an average rate of ~1.9% coming off.
Investor SentimentInvestor sentiment on GPN remains negative, and in order to address concerns, there is a need for clear communication from management on assumptions within medium-term targets.
Revenue PerformanceTotal revenue was below expectations, with Merchant revenue slightly below estimates and Issuer revenue also below expectations.