Diebold Nixdorf Completes $950 Million Notes Offering, Repurchases Term Loans

MT Newswires Live12-19

Diebold Nixdorf (DBD) said Thursday it completed a $950 million offering of 7.75% senior secured notes due 2030.

The company also repurchased all term loans under its previous $1.05 billion senior secured term loan facility and executed a new $310 million revolving credit facility.

The company said it has also repaid all outstanding borrowings under its super-priority senior secured revolving credit facility.

The refinancing reduces Diebold Nixdorf's total debt by $100 million and lowers its overall interest payments, according to the company.

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