Conduent provides update on current covid-19 actions, withdraws fy 2020 guidance

Conduent provides update on current covid-19 actions, withdraws fy 2020 guidance; strengthens cash position.conduent inc - expect that 2020 could be impacted by lower volumes in several of our businesses resulting in lower revenue and profit.conduent inc - borrowed $150 million from its $750 million revolving credit line in late march.conduent inc - will consider options for refinancing within next 18 months.
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