Credit card processing company Vantiv entered into a transaction agreement with Fifth Third Bank to support its proposed acquisition of Worldpay Group.

According to a related 8-K filing, Fifth Third amended the company’s existing credit facility to permit Vantiv to obtain approximately $1.27 billion of additional seven-year term B loans.

Fifth Third also approved a stock exchange with Vantiv. As a result of share purchase, Fifth Third Bank will beneficially own approximately 8.6% of equity in the company and Vantiv Holding.