{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-244174","form_type":"8-K","ticker":"VYX","cik":"0000070866","company_name":"NCR Voyix Corp","filed_at":"2023-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.456142+00:00","generated_at":"2026-06-10T07:52:28.909633+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NCR Atleos secures $3.435B in debt financing ahead of spin-off from NCR Corp","bullets":["$1.35B of 9.500% senior secured notes due 2029 issued to qualified institutional buyers","$2.085B credit facilities: $500M revolver, $835M Term Loan A, $750M Term Loan B","Proceeds to fund cash distribution to NCR Corp for debt repayment, fees, and general purposes","Spin-off expected Oct 16, 2023; record date Oct 2; notes and TLB escrowed pending close","If spin-off not consummated by Dec 31, notes subject to special mandatory redemption"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-244174","json":"https://secwatch.observer/filing/0001193125-23-244174.json","markdown":"https://secwatch.observer/filing/0001193125-23-244174.md","text":"https://secwatch.observer/filing/0001193125-23-244174.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70866/000119312523244174/0001193125-23-244174-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70866/000119312523244174/d555514d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T07:52:28.909633+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0195427720c9adf401e3801f8d030ebfec54ef64","claim":"NCR Voyix Corp entered into Indenture with Citibank, N.A. valued at $1,350 million aggregate principal amount of 9.500% senior secured notes due 2029 (effective 2023-09-27).","evidence_excerpt":"Indenture On September 27, 2023, NCR Atleos Escrow Corporation, a Maryland corporation (the “Escrow Issuer”), and a wholly-owned subsidiary of the Company and NCR Atleos, LLC, closed the previously announced offering by the Escrow Issuer of $1,350 million aggregate principal amount of 9.500% senior secured notes due 2029 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A, and outside of the United States pursuant to Regulation S, under the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/70866/000119312523244174/0001193125-23-244174-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Citibank, N.A."},{"label":"Value","value":"$1,350 million aggregate principal amount of 9.500% senior secured notes due 2029"},{"label":"Effective","value":"2023-09-27"}],"fact_type":"material_agreement"},{"claim_id":"78d533e5962c29679052a2bea8c8a4397bd697d1","claim":"NCR Voyix Corp entered into Revolving Credit Facility valued at up to an additional $50 million.","evidence_excerpt":"d expenses related to the financing transactions or to fund part of the payment of the cash distribution to the Company described in the preceding sentence, which it will fund either by borrowing up to an additional $50 million prior to the Spin-Off under the Revolving Credit Facility (as defined below) or by utilizing up to $50 million of its cash on hand at the time of the Spin-Off (or a combination thereof) (the usage of any cash on hand by NCR Atleos in such scenario would in turn reduce NCR Atleos’s expected cash balance at the time of the Spin-Off by such amount).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/70866/000119312523244174/0001193125-23-244174-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"up to an additional $50 million"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}