US EditionUnisys Announces Pricing 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 a private offering of $700 million in Senior Secured Notes due in 2031.
- The net proceeds will be used to refinance existing notes, fund a pension deficit, and cover general corporate expenses.
- The Senior Secured Notes will have a 10.625% interest rate, with payments starting on January 15, 2026.
- The offering is expected to close on June 27, 2025, pending standard closing conditions.
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Unisys Announces Pricing 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 16, 2025 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) ("Unisys") announced today the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 (the "Senior Secured Notes") through a private offering to persons reasonably…
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Leaning Left6Leaning Right6Center16Last UpdatedBias Distribution57% Center
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