secwatch.observer — SEC 8-K summary
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Issuer:     UNISYS CORP (UIS)
CIK:        0000746838
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001104659-25-063705
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 1.02, 2.04, 3.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unisys tender offer secures 98.98% of 6.875% Notes; enters supplemental indenture eliminating covenants
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- $480M of $485M notes tendered (98.98%); early settlement June 27 at $1,006.25 per $1,000 principal plus accrued interest.
- Supplemental indenture eliminates substantially all restrictive covenants and releases collateral; remaining notes subject to same amendments.
- Company used portion of $700M 10.625% senior secured notes due 2031 to fund indenture satisfaction and discharge; untendered notes to be redeemed Nov 1, 2025.
- Remaining holders may tender until July 11, 2025 for $976.25 per $1,000 plus accrued interest; final settlement expected July 14.
- BofA Securities is dealer manager; Global Bondholder Services is tender agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746838/000110465925063705/0001104659-25-063705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746838/000110465925063705/tm2517689d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-063705

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