debt
confidence high
sentiment neutral
materiality 0.60
NCR Voyix launches up to $1.1B cash tender offers for three series of senior notes
NCR Voyix Corp
- Tender offers for 5.250% Notes due 2030 ($450M outstanding), 5.125% Notes due 2029 ($1.2B), and 5.000% Notes due 2028 ($650M).
- Early tender premium of $30 per $1,000 principal; early tender deadline 5:00 PM ET on Sep 9, 2024.
- Tender offers contingent on closing of previously announced Digital Banking segment sale.
- Expiration date Sep 24, 2024; settlement expected Sep 26, 2024 (may be earlier for early-tendered notes if conditions met).
- Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acting as dealer managers.