US EditionUnisys Announces Closing of $700 Million Private Offering of Senior Secured Notes; Net Proceeds to Be Used to Refinance Existing Notes and Partially Fund U.S. Pension Plan
- Unisys Corporation announced the closing of a $700 million private offering of 10.625% Senior Secured Notes due 2031.
- The company plans to use the proceeds to refinance existing senior secured notes and partially fund its U.S. pension plan.
- The closing of this offering is a significant milestone for Unisys as it strengthens its financial position and supports long-term goals.
- An amendment to its secured ABL credit facility was made, maintaining commitments at $125 million with an option to increase to $155 million.
39 Articles
39 Articles
The Berkshire Eagle
Unisys Announces Closing of $700 Million Private Offering of Senior Secured Notes; Net Proceeds to Be Used to Refinance Existing Notes and Partially Fund U.S. Pension Plan
BLUE BELL, Pa., June 27, 2025 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) ("Unisys" or the "Company") announced today the closing of its previously announced offering of $700.0 million aggregate principal amount of its 10.625% Senior Secured Notes due 2031 (the…
Unisys Announces Closing of $700 Million Private Offering of Senior Secured Notes; Net Proceeds to Be Used to Refinance Existing Notes and Partially Fund U.S. Pension Plan - IT News Direct
BLUE BELL, Pa., June 27, 2025 /PRNewswire/ — Unisys Corporation (NYSE: UIS) (“Unisys” or the “Company”) announced today the closing of its previously announced offering of $700.0 million aggregate principal amount of its 10.625% Senior Secured Notes due 2031 (the “Senior Secured Notes”) through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United…
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