Brief: Conduent Announces Intent To Refinance Its Existing Term Loans And Revolving Facility

CONDUENT

21/05/2021 13:17

May 21 (Reuters) - Conduent Inc  CNDT.O :
    * CONDUENT ANNOUNCES INTENT TO REFINANCE ITS EXISTING TERM
LOANS
AND REVOLVING FACILITY
    * CONDUENT INC - TO REPLACE TERM LOANS DUE IN 2022 AND 2023,
WITH
NEW TERM LOAN DUE 2028 AND SENIOR SECURED NOTES DUE 2029
    * CONDUENT INC - WILL REPLACE EXISTING REVOLVING FACILITY
WITH A
NEW $550.0 MILLION REVOLVING FACILITY
    * CONDUENT INC - NEW TERM LOAN, SENIOR SECURED NOTES
EXPECTED TO
HAVE AMOUNT OF $1.5 BILLION

Source text for Eikon:  ID:nGNX8qnScc 
Further company coverage:  CNDT.O 

 ((Reuters.Briefs@thomsonreuters.com;))