Business
Unisys Announces Early Results of Previously Announced Cash Tender Offer
Unisys Corporation (NYSE: UIS) ("we," "us," "our," "Unisys" or the "Company") is releasing early results as of 5:00 p.m., New York City time, on June 25, 2025 (the "Early Tender Expiration"), of our previously announced (i) tender offer (the "Tender Offer") to purchase for cash any and all of our outstanding 6.875% Senior Secured Notes due 2027 (the "Notes") and (ii) solicitation of consents from holders (each, a "Holder" and, collectively, the "Holders") of the Notes (the "Consent Solicitation"
About this update from Unisys Corporation New
[{"type":"text","content":"BLUE BELL, Pa., June 26, 2025 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) ("we," "us," "our," "Unisys" or the "Company") is releasing early results as of 5:00 p.m., New York City time, on June 25, 2025 (the "Early Tender Expiration"), of our previously announced (i) tender offer (the "Tender Offer") to purchase for cash any and all of our outstanding 6.875% Senior Secured Notes due 2027 (the "Notes") and (ii) solicitation of consents from holders (each, a "Holder" and, collectively, the "Holders") of the Notes (the "Consent Solicitation") to proposed amendments (the "Proposed Amendments") to the indenture governing the Notes (the "Indenture").","length":784,"tagName":"p"},{"type":"image","alt":"Unisys Logo (PRNewsfoto/Unisys Corporation)","displaySize":"","headline":null,"caption":"Unisys Logo (PRNewsfoto/Unisys Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":97,"url":"https://media.zenfs.com/en/prnewswire.com/5cc2e9fd536d1882c0c76bc631e54d7f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7s7PuGMLsnRw0TseJiC14Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5cc2e9fd536d1882c0c76bc631e54d7f","width":400,"height":97}},"href":"https://mma.prnewswire.com/media/2301438/Unisys_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Tender Offer Highlights","length":23,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"As of 5:00 p.m. New York City time, on June 25, 2025, 98.98% of the Notes have been validly tendered and not withdrawn.","length":119,"tagName":"p"}]},{"val":[{"type":"text","content":"We expect to purchase all Notes tendered on or before June 25, 2025 on June 27, 2025 (the "Early Settlement Date") for $1,006.25 per $1,000 principal (the "Total Consideration") amount of Notes plus accrued but unpaid interest to, but excluding, the Early Settlement Date.","length":292,"tagName":"p"}]},{"val":[{"type":"text","content":"As a result of receiving the requisite consents in the Consent Solicitation to adopt the Proposed Amendments, we expect to amend the Indenture to eliminate substantially all restrictive covenants and certain default ...