UNISYS CORPORATION (NYSE:UIS) Files An 8-K Other EventsItem 8.01.
UNISYS CORPORATION (NYSE:UIS) Files An 8-K Other Events
Other Events
On November 30, 2016, Unisys Corporation (“Unisys”) issued a notice of partial redemption to redeem $115,000,000 in aggregate principal amount of its outstanding 6.25% Senior Notes due 2017 (the “Notes”), which are governed by that certain Indenture dated June 1, 2012, between Unisys as issuer and Wells Fargo Bank, National Association, as trustee (in such capacity, the “Trustee”) (the “Base Indenture”), as supplemented by that certain First Supplemental Indenture dated as of August 21, 2012 between Unisys and the Trustee (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”). The redemption date will be December 30, 2016 (the “Redemption Date”) and the redemption price will be equal to the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) from the Redemption Date through the scheduled maturity date of the Notes to be redeemed, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Indenture) plus 50 basis points, plus accrued but unpaid interest on the Redeemed Notes to, but not including, the Redemption Date.
Forward-Looking Statements
This filing contains certain statements that may include “forward-looking statements.” All statements, other than statements of historical fact, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, statements regarding Unisys’ business strategy, plans and objectives, including the redemption of a portion of the Notes. Although Unisys believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Unisys’ actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Unisys’ periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this filing. Other than as required under the securities laws, Unisys does not assume a duty to update these forward-looking statements.
About UNISYS CORPORATION (NYSE:UIS)
Unisys Corporation is an information technology (IT) company. The Company operates through two segments. Its Services segment includes cloud and infrastructure services, application services and business process outsourcing services. In cloud and infrastructure services, it helps clients apply cloud and as-a-service delivery models to manage and secure their IT infrastructure and operations. In application services, it helps clients transform their business processes by providing solutions for select industries, and developing and managing applications. In business process outsourcing services, it assumes management of critical processes and functions for clients in target industries. Its Technology segment designs and develops software, servers and related products. The Company’s product offerings include enterprise-class servers, such as the ClearPath Forward family of fabric servers, the Unisys Stealth family of security software and operating system software and middleware. UNISYS CORPORATION (NYSE:UIS) Recent Trading Information
UNISYS CORPORATION (NYSE:UIS) closed its last trading session up +0.05 at 14.85 with 605,540 shares trading hands.
Unisys Corporation is an information technology (IT) company. The Company operates through two segments. Its Services segment includes cloud and infrastructure services, application services and business process outsourcing services. In cloud and infrastructure services, it helps clients apply cloud and as-a-service delivery models to manage and secure their IT infrastructure and operations. In application services, it helps clients transform their business processes by providing solutions for select industries, and developing and managing applications. In business process outsourcing services, it assumes management of critical processes and functions for clients in target industries. Its Technology segment designs and develops software, servers and related products. The Company’s product offerings include enterprise-class servers, such as the ClearPath Forward family of fabric servers, the Unisys Stealth family of security software and operating system software and middleware. UNISYS CORPORATION (NYSE:UIS) Recent Trading Information
UNISYS CORPORATION (NYSE:UIS) closed its last trading session up +0.05 at 14.85 with 605,540 shares trading hands.