NCR Corporation Announces Pricing of Senior Notes Offering
23 3월 2021 - 6:55AM
Business Wire
NCR Corporation (NYSE: NCR) (the “Company”) announced today the
pricing of an offering of $1.1 billion aggregate principal amount
of 5.125% senior notes due 2029 (the “Notes”) at a price of 100% of
the principal amount of the Notes, in connection with the Company’s
previously announced acquisition (the “Cardtronics Acquisition”) of
Cardtronics plc, a public limited company incorporated in England
and Wales (“Cardtronics”). The aggregate principal amount of the
Notes to be issued in the offering was increased to $1.1 billion
from the previously announced $1 billion. The Notes will be general
unsecured senior obligations of the Company and will be initially
guaranteed by the Company’s wholly-owned subsidiary, NCR
International, Inc., a Delaware corporation.
The offering is expected to close on April 6, 2021, subject to
customary closing conditions. The closing of this offering is not
conditioned on the closing of the Cardtronics Acquisition which, if
completed, will occur subsequent to the closing of this
offering.
The Company intends to use the net proceeds from the offering,
together with borrowings under its senior secured credit facilities
and its trade receivables securitization facility and/or cash on
hand, to finance the consideration payable in connection with the
Cardtronics Acquisition, to repay certain indebtedness of
Cardtronics and to pay related fees and expenses. The proceeds of
the offering will be held in escrow until satisfaction of the
escrow release conditions.
If such escrow release conditions are not satisfied on or prior
to the earlier of November 1, 2021 and the date on which the
Company notifies the escrow agent and the trustee in writing that
the Company has determined that the escrow release conditions will
not be satisfied, then $550 million of the principal amount of the
Notes will be subject to a special mandatory redemption. If the
Cardtronics Acquisition is not consummated, the remaining net
proceeds from the issuance of the Notes (after the payment of the
special mandatory redemption price) will be used for general
corporate purposes.
The Notes and the related subsidiary guarantee were offered in
the United States to qualified institutional buyers pursuant to
Rule 144A under the Securities Act of 1933, as amended (the
“Securities Act”), and outside the United States pursuant to
Regulation S under the Securities Act. The Notes and the related
subsidiary guarantee have not been registered under the Securities
Act and may not be offered or sold in the United States without
registration or an applicable exemption from the registration
requirements.
This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, nor shall there be any sale of
Notes in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading software- and
services-led enterprise provider in the financial, retail and
hospitality industries. NCR is headquartered in Atlanta, Georgia,
with 36,000 employees globally. NCR is a trademark of NCR
Corporation in the United States and other countries.
Cautionary Statement Regarding Forward-Looking
Statements
This release contains forward-looking statements.
Forward-looking statements use words such as “expect,”
“anticipate,” “outlook,” “intend,” “plan,” “believe,” “will,”
“should,” “would,” “could,” and words of similar meaning.
Statements that describe or relate to the Company’s plans, goals,
intentions, strategies, financial outlook, the Company’s
expectations regarding the Cardtronics Acquisition, the Company’s
intention to consummate the offering and issue the Notes or the
intended use of proceeds from the offering of the Notes, and
statements that do not relate to historical or current fact, are
examples of forward-looking statements. Forward-looking statements
are based on our current beliefs, expectations and assumptions,
which may not prove to be accurate, and involve a number of known
and unknown risks and uncertainties, many of which are out of the
Company’s control. Forward-looking statements are not guarantees of
future performance, and there are a number of important factors
that could cause actual outcomes and results to differ materially
from the results contemplated by such forward-looking statements.
Additional information concerning these and other factors can be
found in the Company’s filings with the U.S. Securities and
Exchange Commission, including the Company’s most recent annual
report on Form 10-K and current reports on Form 8-K. Any
forward-looking statement speaks only as of the date on which it is
made. The Company does not undertake any obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210322005816/en/
News Media Contact Scott Sykes NCR Corporation
212.589.8428 scott.sykes@ncr.com Investor Contact Michael
Nelson NCR Corporation 678.808.6995 michael.nelson@ncr.com
NCR (NYSE:NCR)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
NCR (NYSE:NCR)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024