Unisys to call 6¼% senior notes due 2017 via $440 million new issue

By Susanna Moon

Chicago, April 6 – Unisys Corp. plans to redeem its outstanding 6¼% senior notes due 2017 using proceeds of a new issue.

Unisys plans to price $440 million principal amount of senior secured notes due 2022 under Rule 144A and Regulation S, according to a company announcement.

Proceeds also will be used for general corporate purposes, which may include funding cost reduction and savings initiatives, obligations under its defined benefit plans and investments in next-generation services and technologies.

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

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