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Published on 9/24/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

DXC Technology redeems five series of notes due 2025-2030

By Wendy Van Sickle

Columbus, Ohio, Sept. 24 – DXC Technology Co. redeemed its $500 million 4.125% notes and £250 million 2.75% notes due 2025, $467 million 4.125% senior notes due 2026, $500 million 4.75% notes due 2028 and $234 million 7.45% notes due 2030, according to a news release.

The company also repaid €400 million of term loans due 2023 and 2024.

The company paid a total make-whole premium of $300 million and unpaid interest of $40 million.

DXC recently completed an offering of €1.35 billion and $1.35 billion of senior notes.

Based in McLean, Va., DXC provides digital information technology services and solutions.


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