Unisys announces call of all $200 million of 7 7/8% senior notes

By Devika Patel

Knoxville, Tenn., Dec. 12 - Unisys Corp. announced it is calling all $200 million of its outstanding 7 7/8% senior notes due April 1, 2008, at par, with proceeds raised from a $210 million offering of 12½% senior notes due 2016.

It expects to complete the redemption on Jan. 11.

The offering of 12½% notes was completed Tuesday. Bear, Stearns & Co. Inc., Banc of America Securities LLC and Citigroup Global Markets Inc. were the joint book-running managers.

Unisys is a Blue Bell, Pa., technology services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.