CONDUENT INCORPORATED (NYSE:CNDT) Files An 8-K Other EventsItem 8.01. Other Events.
On June 29, 2018, Conduent Incorporated announced that Conduent Finance, Inc., a Delaware corporation (“CFI”), and Conduent Business Services, LLC (f/k/a Xerox Business Services, LLC), a Delaware limited liability company (“CBS” and, together with CFI, the “Issuers”), commenced a tender offer (the “Tender Offer”) to purchase for cash, subject to certain terms and conditions, any and all of their outstanding 10.500% Senior Notes due 2024 (the “Notes”). In conjunction with the Tender Offer, the Issuers also commenced a solicitation of consents (the “Consent Solicitation”) to amend the indenture governing the Notes (the “Indenture”) to eliminate or modify substantially all of the restrictive covenants as well as certain events of default and other provisions contained in the Indenture. A copy of the press release announcing the foregoing is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
CONDUENT Inc ExhibitEX-99.1 2 ex99-1.htm PRESS RELEASE Exhibit 99.1 News from Conduent FOR IMMEDIATE RELEASE Conduent Incorporated 100 Campus Drive Florham Park,…To view the full exhibit click
About CONDUENT INCORPORATED (NYSE:CNDT)
Conduent Incorporated is a business process services company. The Company’s segments include Commercial Industries, Healthcare, Public Sector and Other. Its Commercial Industries segment provides business process services and customized solutions to customers of industries. Its Healthcare segment provides industry-centric business process services to customers across the healthcare industry, including providers, payers, employers, pharmaceutical and life science companies and government agencies. Its Public Sector segment provides government-centric business process services to the United States federal, state and local and foreign governments for transportation, public assistance, program administration, transaction processing and payment services. Its other segment includes Government Health Enterprise Medicaid Platform business. It serves customers in various areas, such as aerospace and defense, automotive services, banking, chemical, insurance, transportation and utilities.
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