trending Market Intelligence /marketintelligence/en/news-insights/trending/-Bi0E58CBIdbzDrvxuSnow2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

NCR prices offering of senior notes

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Fed Officials Signal Optimism In US Economy Reiterate Rates Likely On Hold

After Curbing Year-End Volatility, Fed Weighs Future Of Repo Operations

NCR prices offering of senior notes

NCR Corp. priced an offering of $500 million of 5.750% senior notes due 2027 and $500 million of 6.125% senior notes due 2029.

The notes were priced at 100% of the principal amount of each series of notes, resulting in gross proceeds of $1 billion. These notes will be general unsecured senior obligations of NCR and will be guaranteed by its unit NCR International Inc.

The offering is expected to close Aug. 21.

NCR plans to use the net proceeds from the offering, together with initial borrowings under the new senior secured credit facilities, to redeem or repurchase all of its outstanding $500 million of 4.625% senior notes due 2021. The remaining proceeds will be used to repay outstanding debt under the company's existing senior secured credit facilities and for general corporate purposes.