Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
DIEBOLD NIXDORF, Inc incurred revolving credit of $200 million with PNC Bank, National Association, as administrative agent and collateral agent at adjusted secured overnight financing rate plus 4.00% per annum or an adjusted ba maturing February 13, 2027.
- Instrument
- revolving credit
- Principal
- $200 million
- Counterparty
- PNC Bank, National Association, as administrative agent and collateral agent
- Rate
- adjusted secured overnight financing rate plus 4.00% per annum or an adjusted ba
- Maturity
- February 13, 2027
- Event
- incurrence
Exact text from the filing
On February 13, 2024, Diebold Nixdorf, Incorporated (the “Company”), as borrower, entered into a credit agreement (the “Revolving Credit Agreement”) with certain financial institutions party thereto, as lenders, and PNC Bank, National Association, as administrative agent and collateral agent. The Revolving Credit Agreement provides for a superior-priority senior secured revolving credit facility (the “Credit Facility”) in an aggregate principal amount of $200 million, which includes a $50 million letter of credit sub-limit and a $20 million swing loan sub-limit.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
DIEBOLD NIXDORF, Inc entered into Revolving Credit Agreement with certain financial institutions party thereto, as lenders, and PNC Bank, National Association, as administrative agent and collateral agent valued at $200 million (effective 2024-02-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- certain financial institutions party thereto, as lenders, and PNC Bank, National Association, as administrative agent and collateral agent
- Value
- $200 million
- Effective
- 2024-02-13
Exact text from the filing
On February 13, 2024, Diebold Nixdorf, Incorporated (the “Company”), as borrower, entered into a credit agreement (the “Revolving Credit Agreement”) with certain financial institutions party thereto, as lenders, and PNC Bank, National Association, as administrative agent and collateral agent.
View on SEC.gov