---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-244175"
form_type: "8-K"
ticker: "NATL"
cik: "0001974138"
company_name: "NCR Atleos Corp"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:51:06.541662+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NCR Atleos closes $1.35B 9.5% notes and $2.085B credit facilities for spin-off

## Summary
- Issued $1.35B aggregate principal of 9.500% senior secured notes due 2029 via escrow issuer.
- Entered $2.085B credit facilities: $500M revolver, $835M Term A, $750M Term B loans.
- Proceeds will finance cash distribution to NCR, pay fees/expenses, and for general corporate purposes.
- Spin-off expected effective 5 PM ET Oct 16, 2023; record date Oct 2, 2023.
- Notes and facilities secured by substantially all assets upon completion of spin-off.

## SEC filing metadata
- accession: 0001193125-23-244175
- form_type: 8-K
- ticker: NATL
- cik: 0001974138
- company_name: NCR Atleos Corp
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1974138/000119312523244175/0001193125-23-244175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1974138/000119312523244175/d478950d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-244175
- JSON: https://secwatch.observer/filing/0001193125-23-244175.json
- Plain text: https://secwatch.observer/filing/0001193125-23-244175.txt

## Key facts
- Debt Financings
  NCR Atleos Corp incurred senior notes of $1,350 million aggregate principal amount with Citibank, N.A. at 9.500% maturing 2029.
  - Instrument: senior notes
  - Principal: $1,350 million aggregate principal amount
  - Counterparty: Citibank, N.A.
  - Rate: 9.500%
  - Maturity: 2029
  - Event: incurrence
  source text: of $1,350 million aggregate principal amount of 9.500% senior secured notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1974138/000119312523244175/0001193125-23-244175-index.htm
- Material Agreements
  NCR Atleos Corp entered into Indenture with Citibank, N.A., as trustee and notes collateral agent valued at $1,350 million aggregate principal amount of 9.500% senior secured notes due 2029 (effective 2023-09-27).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Citibank, N.A., as trustee and notes collateral agent
  - Value: $1,350 million aggregate principal amount of 9.500% senior secured notes due 2029
  - Effective: 2023-09-27
  source text: closed the previously announced offering by the Escrow Issuer of $1,350 million aggregate principal amount of 9.500% senior secured notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1974138/000119312523244175/0001193125-23-244175-index.htm

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