secwatch.observer — SEC 8-K summary
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Issuer:     DIEBOLD NIXDORF, Inc (DBD)
CIK:        0000028823
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001193125-24-033724
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diebold Nixdorf enters $200M super-priority revolver, repays $200M of term loans
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- New $200M senior secured revolving credit facility, fully drawn at closing, matures Feb 2027.
- Proceeds used to prepay $200M of existing senior secured term loans, reducing outstanding to $1.05B.
- Facility carries interest at SOFR + 4.00% (Term Benchmark) or Base Rate + 3.00%.
- Includes $50M LC sublimit and $20M swingline; guaranteed by certain US subsidiaries and secured by super-priority liens.
- The new facility provides additional liquidity and working capital flexibility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28823/000119312524033724/0001193125-24-033724-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28823/000119312524033724/d779384d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-033724

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