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Diebold Nixdorf Strengthens Financial Position with Debt Refinancing
Company Announcements

Diebold Nixdorf Strengthens Financial Position with Debt Refinancing

Story Highlights
  • Diebold Nixdorf issued $950 million in senior secured notes, reducing its debt by $100 million.
  • The refinancing strengthens Diebold Nixdorf’s financial position and increases liquidity with a new credit facility.
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Diebold Nixdorf Inc ( (DBD) ) just unveiled an announcement.

Diebold Nixdorf has completed a $950 million senior secured notes offering, reducing its total debt by $100 million and lowering interest payments as part of a strategic refinancing plan. This move, along with establishing a new $310 million revolving credit facility, enhances the company’s liquidity and financial flexibility, reinforcing its balance sheet and demonstrating its commitment to long-term stability and improvement, as supported by recent credit rating upgrades.

More about Diebold Nixdorf Inc

Diebold Nixdorf, Incorporated is a global leader in automating and digitizing banking and retail solutions, serving the majority of the world’s top 100 financial institutions and top 25 global retailers. The company’s integrated solutions connect digital and physical channels for consumers across more than 100 countries, with a workforce of approximately 21,000 employees worldwide.

YTD Price Performance: 54.51%

Average Trading Volume: 179,781

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.68B

For a thorough assessment of DBD stock, go to TipRanks’ Stock Analysis page.

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