---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236561"
form_type: "8-K"
ticker: "VYX"
cik: "0000070866"
company_name: "NCR Voyix Corp"
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T15:32:56.017384+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NCR subsidiary plans $1.05B senior secured notes due 2030 to fund spin-off of ATM business

## Summary
- $1.05B aggregate principal amount of senior secured notes due 2030 offered by NCR Atleos Escrow Corp.
- Notes are in connection with NCR's spin-off of ATM-focused businesses into NCR Atleos; spin-off expected Q4 2023.
- Proceeds held in escrow; if spin-off not consummated by Dec 31, 2023, notes subject to special mandatory redemption.
- Net proceeds to finance cash distribution to NCR to repay existing debt, pay spin-off fees, and general corporate purposes.
- Notes will be guaranteed by certain NCR Atleos domestic subsidiaries and secured by first-priority liens on assets.

## SEC filing metadata
- accession: 0001193125-23-236561
- form_type: 8-K
- ticker: VYX
- cik: 0000070866
- company_name: NCR Voyix Corp
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70866/000119312523236561/0001193125-23-236561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70866/000119312523236561/d555484d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236561
- JSON: https://secwatch.observer/filing/0001193125-23-236561.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236561.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.