Diebold nixdorf, incorporated announces amendment of condition of its previously announced exchange offers and consent solicitations with respect to its outstanding 9.375% senior secured notes due 2025 and diebold nixdorf dutch holding b.v.'s 9.000% senior secured notes due 2025
Hudson, ohio , dec. 20, 2022 /prnewswire/ -- diebold nixdorf, incorporated ("parent") (nyse:dbd) announced that in connection with its previously announced private exchange offers and consent solicitations (the "exchange offers and consent solicitations") with respect to the outstanding 9.375% senior secured notes due 2025 issued by parent (144a cusip: 253657aa8; 144a isin: us253657aa82; reg s cusip: u25317aa3; isin: usu25317aa30) (the "2025 usd senior notes") and the outstanding 9.000% senior secured notes due 2025 issued by diebold nixdorf dutch holding b.v. (the "dutch issuer"), a direct and wholly owned subsidiary of parent (144a isin: xs2206383080; 144a common code 220638308; reg s isin: xs2206382868; reg s common code 220638286 (the "2025 eur senior notes", and together with the 2025 usd senior notes, the "existing notes"), it has amended the exchange offers and consent solicitations condition that parent's 8.50% senior notes due 2024 (the "2024 senior notes") in aggregate principal amount equal to 83.4% (the "minimum participation threshold") of the aggregate outstanding principal amount of 2024 senior notes exchange into units, as such exchanges are described more fully in the transaction support agreement and the offering memorandum, to lower the minimum participation threshold to 81.3% (the "amended minimum participation threshold").
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