other material
confidence high
sentiment neutral
materiality 0.90
Diebold Nixdorf files pro forma financials after emerging from Chapter 11 reorganization
DIEBOLD NIXDORF, Inc
- New enterprise value of $2.15 billion used for fresh start accounting as of effective date Aug 11, 2023.
- Pro forma net income attributable to Diebold Nixdorf: $1,410.0 million for nine months ended Sep 30, 2023.
- Pro forma net loss attributable to Diebold Nixdorf: $511.4 million for year ended Dec 31, 2022.
- New $1.25 billion senior secured term loan entered under Exit Facility with SOFR plus 7.50% interest.
- All outstanding equity awards cancelled as of effective date; stock-based compensation eliminated.