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Published on 11/30/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Unisys to redeem $115 million of 6¼% senior notes due 2017 on Dec. 30

By Marisa Wong

Morgantown, W.Va., Nov. 30 – Unisys Corp. issued a notice of partial redemption for $115 million of its outstanding 6¼% senior notes due 2017, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Dec. 30 at the sum of the present values of the remaining scheduled payments of principal and interest, discounted to the redemption date on a semiannual basis at the Treasury rate plus 50 basis points, plus accrued interest.

Wells Fargo Bank, NA is the trustee.

Blue Bell, Pa.-based Unisys is an information technology company.


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