Under the ECP program, FIS may issue notes from time to time, with maturities that vary, but do not exceed 183 days from the date of issue. FIS plans to use approximately $2.9 billion in borrowings under the ECP and USCP programs, together with the proceeds from its recently completed $8.2 billion multi-currency bond offering, to finance the cash portion of the consideration for its pending merger with payments technology company Worldpay Inc (NYSE:WP), the repayment of outstanding Worldpay debt and other costs and expenses of the merger. Based on the recent bond offering and new ECP program, FIS expects the weighted average interest rate on the permanent financing of the $11.1 billion used for the Worldpay transaction to be approximately 1.5%. Worldpay delisted from the London Stock Exchange on May 20, 2019. The move was a part of Worldpay's steps toward completing its merger with FIS.