Diebold Nixdorf extends exchange offer for 8.5% 2024 notes after only 12% tendered

DIEBOLD NIXDORF, Inc

Exchange offer extended to 5:00 p.m. NY time on April 21, 2023; withdrawal deadline also extended.
As of April 7, only $8.8M of $72.1M outstanding notes (12.17%) validly tendered.
Offer exchanges 2024 notes for new 8.5%/12.5% Senior Secured PIK Toggle Notes due 2026 plus warrants.
No minimum tender condition; company may waive conditions or further extend/amend offer.
Registration statement on Form S-4 filed but not yet effective; J.P. Morgan is dealer manager.

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